A California PET reclaimer that launched last year has grabbed plenty of attention for its $100 million price tag and the extensive capabilities of its processing and production line.
Historically, companies have used post-consumer resin (PCR) because it was a lower cost feedstock than virgin. In recent years, however, pricing for virgin plastic (mostly “wide spec” resin) has fallen below that of PCR (mostly high quality PCR that is suitable for food contact).
Post-consumer recycled cartons have several end markets throughout North America.
Lately, consumers have been exposed to new – and often confusing – information about recycling, encountering many headlines about the effects of China’s ban on waste imports from the U.S.
