CarbonLite operates recycling facilities that bring in PET bales from deposit and curbside sources.
PET recycling firm CarbonLite and a subsidiary this week filed for bankruptcy, indicating the company plans to reorganize and continue operating. A company leader said market strife and COVID-19 impacts led to the decision.
Indorama noted it has recycling expansion projects in the works that will grow the company’s PET recycling capacity by roughly 600,000 metric tons per year. | Pavel Kapysh/Shutterstock
Global resin producer Indorama Ventures plans to continue its expansion in the PET recycling sector this year, the company recently announced in financial filings.
BoMET is one of a number of North American companies that saw that opportunity and are investing to expand their e-plastics processing capacity. | Courtesy of BoMET Polymer Solutions
BoMET Polymer Solutions is actively sourcing e-plastics from electronics recycling firms for the company’s Ontario processing facility, where it produces pellets and regrind for sale to manufacturers.
IntegriCo describes itself as a leader in the composite industrial products manufacturing industry. | Rei Imagine/Shutterstock
IntegriCo, which processes recovered plastics into composite rail ties, is adding new product lines and increasing its recycled material consumption.
QRS facilities had trouble in recent years as falling resin prices challenged the financial viability of models built around deeper sorts of the plastics recycling stream. | Photo from Ravinia Capital.
This story has been updated.
A well-known St. Louis plastics recycling operation has been auctioned off, and the processing company is now called Granite Peak Plastics.
Eastman Chemical Co. announced it will invest $250 million over two years to build a methanolysis plant at its Kingsport, Tenn. facility. | William Griffith/Shutterstock
Eastman’s plastics sorting capabilities and complementary chemical recycling technologies will help it cost-effectively secure the ample feedstock supply needed for a huge methanolysis plant, the company’s CEO said.
The CEO of Nexus Fuels told Plastics Recycling Update how his company uses its pyrolysis technology to convert the mix of post-consumer plastics collected at the curb into chemical and wax products. | Nexus Fuels
For the past two years, difficult-to-recycle plastics have been collected in Cobb County, Ga. through the Hefty EnergyBag program. A downstream processor recently described what happens to that material.
With a capacity of 6,000 pounds per hour, URT’s system was designed to handle the amount of shredded e-plastic generated in URT’s Janesville, Wis. plant on a single shift. | Courtesy of URT.
URT has installed equipment at its Wisconsin headquarters allowing the electronics recycling company to produce clean e-plastic fractions for sale to domestic buyers.
In the deal, ExxonMobil will receive priority access to recovered plastics for its own recycling efforts. | Katherine Welles/Shutterstock
Oil and gas giant ExxonMobil will invest $8 million in a scrap plastics feedstock business launched by Agilyx, a chemical recycling company.
Revolution recycles plastics from agricultural and other sources at its plants in Stuttgart, Ark., and Salinas, Calif. | Courtesy of Revolution.
This story has been updated.
Revolution signed a deal to provide NOVA Chemicals with post-consumer resin for sale to NOVA’s customers. Separately, NOVA will research end markets for recycled flexible film pet food packaging.