A confluence of recycled PET market disruptions in 2020 included low prime plastic pricing and supply challenges that led end users to seek feedstock from other sources. Still, experts maintain a surge of RPET demand is fast approaching.
The U.S. and Europe have had formal recycling infrastructure in place for decades. That’s not the case in India, where Circulate Capital just invested millions of dollars to boost infrastructure and reduce ocean plastics generation.
Four MRFs in the eastern half of the U.S. will begin sorting polypropylene with financial assistance from major brands, retailers and other industry members brought together through The Recycling Partnership.