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Tag Archives: technology

Investors buy PureCycle and move to take it public

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Signing business documents.

The firms that are acquiring PureCycle announced a goal of having 30 commercial lines operational by 2030 and 50 by 2035. | fizkes/Shutterstock

PP recycling startup PureCycle Technologies will be purchased by investment firms that will list the company publicly. They plan major expansions, including a second U.S. location that will process more than 800 million pounds annually.

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AmSty aims to increase PCR in food packaging

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Polystyrene food containers.

American Styrenics noted that chemical recycling technologies will be key to helping it achieve its goals of boosting recycled-content in foodservice packaging. | Karina Serova/Shutterstock

Polystyrene producer Americas Styrenics announced a goal of having 25% recycled content in foodservice and food packaging products by 2030.

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Plastics producers tout pyrolysis achievements

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Sabic logo on website, seen through magnifying glass.

Virgin plastics producer SABIC will supply recycled resin derived from post-consumer mixed plastics for beauty products packaging. | Casimiro PT/Shutterstock

Three virgin plastics companies recently announced developments in the area of chemical recycling. The following are summaries of the news from Chevron Phillips Chemical, SABIC and BASF.

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Feds issue slew of food-contact recycled plastics letters

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PET plastic bottle in a person's hand.

The U.S. FDA recently approved a number of recycling technologies for converting PET into use for food and drink packaging. | RecycleMan/Shutterstock

The FDA gave Indorama Ventures the green light to use a depolymerization technology to produce RPET for food and drink packaging. The agency also gave nods for other PET, HDPE and PP recycling processes.

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