PinnPack, which uses RPET to produce recycled-content thermoformed packaging, will be auctioned today (June 16). | Konektus Photo / Shutterstock
An auction will be held today to sell PinnPack, a thermoform packaging manufacturer owned by bankrupt company CarbonLite. Meanwhile, acquisitions of the company’s three PET recycling plants have been finalized.
More than 100 employees will be hired to work at Brightmark’s upcoming $680 million Georgia plant. | Frank Fiedler / Shutterstock
Brightmark this week announced it will build a second facility bringing in mixed plastics for chemical recycling. To be located in Georgia, the plant will have a processing capacity of 800 million pounds per year.
Indorama Ventures Sustainable Solutions will install AMUT equipment at its Alabama RPET facility, including de-labeling equipment like the unit pictured above. | Courtesy of AMUT
Indorama Ventures Sustainable Solutions is spending significantly to more than double the size and flake-production capacity of its Alabama PET recycling plant, according to interviews and city documents.
CG Roxane’s San Bernardino, Calif. facility is capable of processing 35 million pounds of RPET annually. The new plant in Tennessee will have the same capacity. | Courtesy of CG Roxane
CG Roxane has broken ground on a recycled PET facility in Tennessee that’s slated to open within a year. The company says the new site will help it hit 50% RPET in its products nationally.
Through the partnership in Erie, app users will be able to schedule on-demand curbside plastics collection. | Real_life_Studio / Shutterstock
International Recycling Group, a company that’s developing a massive plastics sorting facility, inked a deal to offer on-demand curbside recycling of virtually all plastics.
The CarbonLite facility in Reading, Pa. is scheduled to be sold at auction this month. | CarbonLite
The largest CarbonLite PET recycling facility will be auctioned as part of the company’s ongoing bankruptcy proceedings. Virgin resin producer DAK Americas submitted a bid to purchase the Reading, Pa. plant for $96 million.
Agilyx experienced a net loss of $10.1 million in 2020. But the company noted that this was due to various expenditures that are part of the company’s “gearing for growth and expansion.” | Orathai Mayoeh / Shutterstock
Agilyx plans to source at least 6 billion pounds of scrap plastic annually by 2030, according to a recent financial filing. The report also indicates the growing firm did not turn a profit last year.
The site of the planned Polykemi facility in Gastonia, N.C. | Courtesy of Polykemi.
A plastics compounding facility coming to the U.S. plans to use over 7 million pounds of recycled PP and other materials per year, the company’s CEO said.
The Evergreen facility in Ohio will expand and increase production of food-grade RPET. | Courtesy of Evergreen
Evergreen has launched a project to double its food-grade RPET capacity to 80 million pounds per year. A company leader noted the initiative harnesses “the latest and greatest technology.”
Millions of dollars will go to two California reclaimers processing post-consumer thermoforms. | Konektus-Photo / Shutterstock
PET reclaimers have been awarded millions of dollars from the state of California to help finance recycling projects.