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Tag Archives: plastics

Takeaways from TerraCycle’s earnings report

Published: May 19, 2020
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TerraCycle U.S. office in Trenton, N.J.

TerraCycle US sold $5.81 million worth of recycled plastic and other materials in 2019, well over double its net sales from the prior year. | Courtesy of TerraCycle.

A car seat recycling deal with a major retailer helped boost TerraCycle’s recovered commodity sales by over $3.5 million last year, according to a financial report.

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State provides funding for 20 recycling projects

Published: May 12, 2020
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Officials estimate that 20 projects receiving grants will collectively divert nearly 44,000 tons of material from landfills each year. | ImagineStock/Shutterstock

North Carolina recently awarded hundreds of thousands of dollars in grants to help divert mixed recyclables, organics, paper, plastic and other materials from landfills.

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Carpet producers to end voluntary recycling subsidies

Published: May 5, 2020
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The carpet recycling industry is already facing pressures from low plastics prices, a shift in polymers used in carpet and collection challenges from the coronavirus. | ND700/Shutterstock

Carpet manufacturers are halting their nationwide voluntary subsidy program for carpet recycling, which could push some struggling processors out of business.

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Low virgin plastics pricing pinches recycling market further

Published: May 5, 2020
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An industry analyst recently noted that low virgin resin pricing means challenges for ensuring end users choose to use recycled plastic. | batuhan taskinkaya/Shutterstock

The coronavirus pandemic has piled on top of existing plastics recycling market strife to cause pricing fluctuations and create uncertainty about how end users will meet their sustainability commitments.

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Ocean plastics venture announces first investments

Published: April 28, 2020
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Circulate Capital announced $6 million in funding to recycling companies to prevent marine debris. | Igor Batenev/Shutterstock

Circulate Capital invested $6 million in plastics recycling companies in India and Indonesia, the brand-backed firm’s first outlay designed to prevent marine plastics.

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COVID-19 damages supply chain for deposit materials

Published: April 14, 2020
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Eight out of the 10 states with container redemption systems have enacted temporary measures limiting deposit returns in some way. | Karolis Kavolelis/Shutterstock

Stay-at-home orders are hitting container deposit systems hard, leading to significant declines in the volumes of high-quality recyclables moving to material processors.

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How a domestic outlet for bulky rigids was born

Published: March 24, 2020
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The EcoCart is made with 10% post-consumer HDPE derived from bulky rigids. | Courtesy of Cascade Cart Solutions

Cascade Cart Solutions has produced 22 million carts for Waste Management over three decades, but this month marked a milestone: the first time the company has deployed carts made with recycled curbside residential plastics.

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Pandemic causes host of complications for industry

Published: March 24, 2020
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Analysts say the partial closure of the U.S.-Canada border may spook some Canadian garbage and recycling programs into undertaking contingency planning. | Yulia Lyubimova/Shutterstock

The coronavirus has prompted the closure of a state recycling association, and it spurred the Federal Reserve to encourage investors to continue lending to local governments. 

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