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Tag Archives: technology

PET recycling startup signs deal with prime producer

Published: July 21, 2021
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View of SK Global Chemicals and Loop Industries staff signing documents.

Na Kyung-soo, CEO of SK Global Chemical, signs the strategic investment agreement with Loop Industries on June 23. | Courtesy of SK Global Chemical

Quebec-based Loop Industries is receiving a $56 million equity investment from plastics giant SK Global Chemical to help it grow its PET depolymerization business.

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PET shrink label products meet recyclability guidelines

Published: July 8, 2021
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PET beverage bottles in a retail setting.

PET bottle labels can be problematic to the plastics recycling process, but three PET bottle label innovations recently received letters confirming their compatibility. | Ho Su A Bi / Shutterstock

The Association of Plastic Recyclers has recognized three shrink label innovations for their compatibility with PET recycling processes.

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Reclaimer hopes to ‘break the log jam’ in scrap supply

Published: June 16, 2021
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International Recycling Group plant rendering.

Rendering of the planned “SuperPRF” courtesy of International Recycling Group.

International Recycling Group hopes to finish financing a $150 million plastics recovery facility by the end of the year, with the massive plant scheduled to come on-line in 2023.

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Plastics-to-fuel company developing $680 million facility

Published: June 9, 2021
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Baled plastics for recycling.

More than 100 employees will be hired to work at Brightmark’s upcoming $680 million Georgia plant. | Frank Fiedler / Shutterstock

Brightmark this week announced it will build a second facility bringing in mixed plastics for chemical recycling. To be located in Georgia, the plant will have a processing capacity of 800 million pounds per year.

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APR weighs in on three hot topics

Published: June 3, 2021
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Baled plastics for recycling.

The Association of Plastic Recyclers (APR) stated its support for beverage bottle deposit laws. | Ultrasto / Shutterstock

The Association of Plastic Recyclers has published position statements on chemical recycling, the use of mass balance methodologies for post-consumer plastics, and bottle deposit programs.

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Indorama invests over $50 million in Alabama RPET plant

Published: June 3, 2021
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Bottle delabeller from Amut

Indorama Ventures Sustainable Solutions will install AMUT equipment at its Alabama RPET facility, including de-labeling equipment like the unit pictured above. | Courtesy of AMUT

Indorama Ventures Sustainable Solutions is spending significantly to more than double the size and flake-production capacity of its Alabama PET recycling plant, according to interviews and city documents.

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Short seller’s report targets PureCycle

Published: May 12, 2021
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Stock market graph.

PureCycle is a publicly traded company that licenses a PP purification technology from Procter & Gamble. | GH Studio / Shutterstock

The short seller who took aim at PET depolymerization startup Loop Industries has now published allegations against PP recycling company PureCycle Technologies.

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Investors buy PureCycle and move to take it public

Published: November 18, 2020
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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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