The national average price of post-consumer PET beverage bottles and jars rose slightly for November, now averaging 5.28 cents/lb, compared to 4.50 cents/lb this time last month. Regional contracts are still yielding in the 4-7 cents range. One year ago this grade was trading at an average 16.41 cents/lb. Continue Reading
The Plastic Back process separates carbon and chlorine from discarded PVC, and the pilot plant will be sited at Freepoint Eco-Systems’ site in Hebron, Ohio. | Photo courtesy Plastic Back
Plastic Back, an Israeli startup, is taking a major step toward solving one of the toughest challenges in plastics recycling: recovering value from mixed plastic waste that includes PVC.
More than 100 recycling stakeholders urged the European Commission to address unfavorable market economics, a scenario that provides foresight into what may occur in North America. | NGCHIYUI / Shutterstock
More than 100 recyclers issued a call, coordinated by a Dutch consultancy, for the European Commission to take immediate action in addressing the causes of the current industry crisis – itself a window into what may await the North American recycling sector.
In its pursuit to advance food-grade recycled PP, the NextLoopp initiative is finding progress slower in the States, but still moving forward. | Meaw_stocker / Shutterstock
The Americas branch of a European initiative to advance incorporation of food-grade PP resin has achieved several initial milestones in recent weeks, though progress is slower than in Europe, according to the group’s president.
Bay Area Plastics supplies bottles, closures and other materials to pharmaceutical, cosmetic and other industries. | Courtesy Bay Area Bottles
A California-based wholesale retailer has launched a sourcing program to support recycling and reusability across the supply chain. Continue Reading
As the overall recycling sector struggles, plastic film stakeholders are bearing the brunt of the industry’s challenges. | Dmitry Markov152/Shutterstock
Editor’s note: Some industry sources for this story were granted anonymity due to the sensitive nature of market relationships.
Key takeaways
Two weeks after the closure of WM’s plastic film recycling operations, market players have been left to process what the development means for the overall industry.
Despite noting positive action, the foundation warns that the pace of change still falls far short of what’s needed, with 80% of the market yet to act meaningfully. | Meaw_stocker/Shutterstock
The Ellen MacArthur Foundation has unveiled its Global Commitment 2025 Progress Report alongside the new 2030 Plastics Agenda for Business, a sweeping roadmap to transform how the world makes, uses and reuses plastics. Continue Reading
A new study from ICIS and a Chinese industry association also predicted that the role of chemical recycling will increase amid PPWR implementation. | Alones / Shutterstock
A new study from commodity intelligence firm ICIS and a Chinese industry association explores the impacts of European regulations on global demand for recycled plastics in packaging, automotive and textile applications.