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Tag Archives: processors

Closed Loop’s push to link up processors

Published: January 10, 2023
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Inside Balcones Resources' Austin, Texas MRF.

Balcones Resources’ materials recovery facility (MRF) in Austin, Texas is one of a dozen recycling facilities now owned by newly launched company Circular Services. | Jared Paben / Plastics Recycling Update.

Last year’s launch of Circular Services created a new family of varied recycling companies, yet they’re all focused on a circular economy and are fueled with hundreds of millions of dollars in fresh capital. 

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Pyrolysis company nets $150M to drive its growth

Published: January 10, 2023
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Nexus Circular uses a pyrolysis technology to process scrap plastics into an oil that plastics producers can use to make new polyolefins. | Courtesy of Nexus Circular

Atlanta-based Nexus Circular has received a $150 million investment from a diversified global company, which will become its new owner. Continue Reading

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The details on LyondellBasell and Envision’s supply deal

Published: November 8, 2022
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Set of plastic containers with colorful liquid isolated on white background.

The partnership between the two companies will help LyondellBasell work toward its goal of marketing 2 million metric tons of recycled and renewable-based polymers annually by 2030. | Courtesy of LyondellBasell

LyondellBasell will buy food-grade post-consumer natural HDPE from Envision Plastics and incorporate that PCR into various blends for sale to packaging producers. 

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Ascend buys majority stake in Circular Polymers

Published: November 8, 2022
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Signing business documents at a desk.

Ascend recently launched a sustainable polyamides line called ReDefyne and needed a stronger supply chain. | Gajus/Shutterstock

Ascend Performance Materials purchased a majority stake in California-based Circular Polymers for an undisclosed amount, giving Ascend a more consistent supply of PCR.

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Denton Plastics targets PP with wash line, policy

Published: October 25, 2022
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Nicole Janssen of Denton Plastics

Nicole Janssen, president of Denton Plastics, recently spoke about her company’s efforts to boost PP recycling in the Pacific Northwest. | Jared Paben/Resource Recycling, Inc.

West Coast recycler Denton Plastics is moving the needle on regional polypropylene recycling and policy in Portland, Ore. 

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Evergreen and Peninsula upgrade PET recycling plants

Published: October 25, 2022
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Evergreen's Riverside, Calif. location seen from above.

Nationwide PET reclaimer Evergreen has installed advanced sorting equipment at its Riverside, Calif. facility over the past year. | Courtesy of Google Maps

Two reclaimers have recently made or are planning multi-million-dollar upgrades at their California PET recycling facilities. The following are details on the projects by Evergreen and Peninsula Plastics Recycling. 

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PP recycling startup signs South Korea joint venture deal

Published: October 25, 2022
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Milliken-PureCycle Technologies recycled PP resin cup.

PureCycle Technologies and Milliken & Company partnered to create a concentrate containing recycled PP and the Millad NX 8000 ECO clarifier. | Courtesy of Milliken and Co.

Plastics and chemicals giant SK geo centric has inked a deal with PureCycle Technologies to build a PP purification and recycling plant in South Korea. 

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Reclaimer touts only certified PCR stretch film

Published: October 25, 2022
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Encore Wrap from Revolution.

Encore Wrap, a stretch film made with 10% PCR, is intended for use in warehousing, transportation and other commercial applications. | Courtesy of Revolution

Plastics reclaimer and film manufacturer Revolution has released a stretch film made with 10% post-consumer resin. 

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