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.
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.”
Hundreds of plastics recycling and sustainability professionals are taking part in this week’s virtual Plastics Recycling Conference, which is offering discussions on policy, markets and more at a time of sector uncertainty.
A California legislator says U.S. ratification of the Basel Convention would build up domestic processing infrastructure, reduce negative impacts from exports, and create jobs in this country. At least one large reclaimer supports the move.