Recycling

Market Research Future says recycling is expected to grow throughout the remainder of the decade, driven largely by demands in packaging.

Vince Gupta of recycler Prime Products Inc. says continuing low prices for recycled materials make it hard to commit to new capital and growing recycling operations.

Ambienta SGR SpA, a large asset manager in Europe that focuses on environmental sustainability, has acquired a majority stake in plastics recycling machinery specialist Previero N srl.

Canada's government is out with a proposed new regulatory framework that would mandate recycled content for plastic packaging and toughen rules on green labeling.

The nation's largest solid waste management company is investing in the recycling of plastics, which currently represents just a small fraction of its material recovery.

The first delivery of solvent needed for the firm's recycling process has been received. PureCycle next will make pellets from virgin PP resin and will add post-industrial and post-consumer PP into the purification process to make recycled resin pellets for sale and distribution to customers.

Results of a study that actually started five years ago now show enhanced sorting technology allows plastic films to be recaptured at material recovery facilities, a difficult task using the typical approach.

Neste, the Finnish petrochemical company that over the past decade has reinvented itself as a front runner in renewable solutions, has reached this point through a combination of research and development and a can-do attitude towards innovation, backed by a strong and steady stream of investment.

While some in the media are convinced that plastics recycling is a myth, the numbers show that it's a substantial business — and growing.