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.
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.
Brightmark recently 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.
Keep America Beautiful has launched a public service announcement encouraging consumers to recycle PET bottles.
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.
As part of a bankruptcy case, DAK Americas, Indorama Ventures and The Sterling Group have submitted the high bids to acquire CarbonLite’s PET recycling facilities.
Recovered material exports were up in the first three months of 2021 compared with the prior year. India dominated the paper export market, and Canada brought in nearly a third of all exported plastic.
The mixed-plastics processing sector is seeing supply challenges from product labeling changes and could be significantly disrupted by chemical recycling initiatives, according to one plastics processor.
A leader at Coca-Cola estimates the beverage giant will approach 20% recycled PET use by the end of 2021.