Sustainability
Standard recycled resin prices in Europe have maintained an upward trend during the last two months after a slow start to the new year.
Steve Alexander, president of the Association of Plastic Recyclers trade group, had some pointed words about the potential dangers of extended producer responsibility regulations.
Nova Chemicals has decided not to move forward with a chemical recycling project in the Sarnia, Ontario, region.
At the Plastics Recycling Conference in National Harbor, Md., industry leaders highlighted how transportation issues, rising fuel costs, tariffs, and equipment expenses are straining the plastics recycling supply chain.
Plastics recycling is at a disadvantage to virgin resin in many ways, but transparency and communication are keys to overcoming obstacles, two speakers at the Plastics Recycling Conference said.
Azek Co. Inc. has averaged more than 15 percent net sales growth over the last seven years. Azek’s growth has been led by consumers choosing to convert wood decking and other products to recycled-content, low-maintenance plastic and composite products.
BioLife Plasma Services has invested $4 million to expand its Hoover, Ala. testing lab by 1,750 square feet and acquire equipment to recycle biohazardous waste more efficiently.
PureCycle Technologies Inc. has set a target of selling the company's recycled polypropylene for $1.36 per pound, significantly above the price of traditionally recycled PP.
The two companies are investing $180 million in Indianapolis to launch two businesses aimed at advancing plastic recycling. "The market is there," says Republic Services CEO Jon Vander Ark.
Plastic pellets that tumbled into the sea when a cargo ship and tanker collided off the coast of the United Kingdom are now showing up in large numbers in the water and along beaches.
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