Colin Staub is a reporter at Resource Recycling. He can be contacted at [email protected].
Closed Loop Partners has made more than 80 investments over the past 10 years of existence and is poised to keep going. | Petrmalinak/Shutterstock
Closed Loop Partners has provided funding to more than 80 companies and municipalities over its decade in existence, a period of significant turbulence in the U.S. recycling sector. Continue Reading
Matium both connects buyers and sellers and makes data reporting easier for users of the digital platform. | Ann-Moore/Shutterstock
Matium last month began the commercial launch of a platform that digitizes many aspects of the plastics recycling trading business. The company also received a recent funding boost from an economic development agency in Colorado.
Senate Bill 1053 revises California’s bag ban to state that reusable bags provided at point of sale cannot be made from plastic film. | jon nightingale/Shutterstock
A bill that expands California’s bag ban to prohibit all plastic bags – even the reusable recycled-content bags that are a major driver of post-consumer film resin sales – is working its way through the California legislative system.
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Crossroads Paper is now planning a 30-month construction project for a mill near Winnemucca, Nevada. | Max Barnum/Shutterstock
The team behind a proposed Utah recycled paper mill has resurfaced with plans that move the site west, now aiming to build a mill in northern Nevada to process mixed paper and OCC into 350,000 tons per year of recycled containerboard. Continue Reading
A recent investment report gathered insights from WM, GFL and other haulers. | Create Jobs 51/Shutterstock
Regulations, customer demand and technology are driving corporate sustainability interest, which in turn will likely bring investment dollars into the sector, according to a recent investment report that interviewed major North American recycling firms. Continue Reading
Novelis’ year-end financial report shared lower sales, but higher earnings in the fourth quarter. | Ji Jinn/Shutterstock
Novelis, the largest consumer of used beverage cans in the U.S., recycled more than 82 billion aluminum cans during the 12 months ending March 31, and that recycled material significantly benefited the company financially towards the end of the year. Continue Reading
By mid-2023, the Myplas facility had drawn a total investment of $24 million, but it shut down shortly after it opened. | Photo via MBOLD on YouTube
Minnesota-based film recycling company Myplas USA closed its doors just weeks after opening, and was quickly served with an eviction lawsuit. The legal action has been settled out of court, but the facility’s future remains uncertain.
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An EverestLabs robot performs quality control on the aluminum can stream at the LRS sorting center in Chicago. | Courtesy of EverestLabs
Boosted by aluminum industry funding, MRF operator LRS has installed an EverestLabs robot at its Chicago sorting facility, aiming to reduce the number of aluminum cans that are lost due to missorting. Continue Reading
The project from Goodwill, the Pennsylvania Recycling Markets Center and Reworld has a goal to collect 500,000 pounds of e-scrap during its first year. | BluIz60/Shutterstock
Goodwill, the Pennsylvania Recycling Markets Center and Reworld have added 42 free recycling sites throughout Pennsylvania, a state with a long history of electronics recycling access challenges. Continue Reading
Paper companies are looking to offset rising OCC costs through measures like price increases for their products. | Kenishirotie/Shutterstock
OCC end users have been paying consistently higher prices for the recovered fiber grade since last fall, and it played heavily into their discussions of first-quarter earnings this year. Continue Reading