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.
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.
Last month, Loop Industries disclosed it was being sued by investors and that federal regulators had issued it a subpoena for documents. | Zolnierek/Shutterstock
Troubles are mounting for PET depolymerization startup Loop Industries. It has lost a key supply contract and also faces lawsuits and an investigation by regulators.
Global brand owner Unilever is now using about 75,000 metric tons of post-consumer plastic in its packaging each year. | Konektus Photo/Shutterstock
Global companies such as Keurig Dr Pepper, Dow and Mars recently announced their intentions to bolster the use of PCR. The following is a roundup of several notable news items:
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.
Pyrolysis equipment inside the Agilyx facility in Oregon. | Jared Paben/Resource Recycling, Inc.
PET bottle labels can be problematic to the plastics recycling process, but a PET bottle label innovation recently received a letter confirming its compatibility. | Ho Su A Bi/Shutterstock
Testing has shown that a label for PET bottles and several tube packages are compatible with current plastics recycling processes.
Chemical giant LyondellBasell has made a series of moves further into the recycling space in recent years. | Flagmania/Shutterstock
A major prime plastics manufacturer pledged to produce and market 2 million metric tons of “recycled and renewable-based polymers” per year by 2030.
A number of new label technologies will improve the ability to process scrap PET bottles. | DedMityay/Shutterstock
Two pressure-sensitive labels and one shrink-sleeve label recently received recognition from the Association of Plastic Recyclers because they were proven not to interfere with the PET recycling process.
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.