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Plastics giants snatch up plants from recycled PET processor

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. CarbonLite CEO Leon Farahnik discussed the development in an interview. CarbonLite, a PET bottle recycling …

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Groups to Congress: ‘Recycling is infrastructure too’

As federal elected officials debate significant investments in the nation’s infrastructure, recycling and composting stakeholders are pushing them to steer some of that money into materials recovery. … Read More…

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Paper mills foresee higher OCC prices this year

Major recovered paper end users anticipate paying more for feedstock as 2021 progresses, according to recent statements from company executives. Mill operators also shared updates on their recycled fiber capacity expansions. Paper mills experienced a turbulent year for fiber sourcing …

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Plastics producers put $25 million into new recycling fund

Dow, LyondellBasell and Nova Chemicals will invest at least $25 million in plastics recycling infrastructure, with a longer-term goal of growing the initiative to $100 million. Closed Loop Partners this morning announced the launch of the Closed Loop Circular Plastics …

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U.S. Chamber of Commerce Foundation Launches Sustainable Plastics Initiative

The effort is designed to help businesses identify sustainable paths to plastics use and harness the full potential of plastics innovation. … Read More…

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Smart Planet touts its recyclable cup coating

California-based company says single-use cups with its coating are fully recyclable at paper mills. … Read More…

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Codigestion Of Food Waste In California | BioCycle

New report finds that half of California’s landfill-bound food waste could instead be diverted and codigested at wastewater treatment plants in the state. Source: Codigestion Of Food Waste In California | BioCycle Read More…

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COVID-19 fiber shortage drives carton recovery project

A North American mill operator is sourcing multi-layer cartons to make up for a decline in recycled paper tied to pandemic shutdowns. Sustana Fiber, which operates mills in Quebec and Wisconsin, recently announced a supply agreement with Quebec-based MRF operator …

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Used device marketplace nets major capital

Back Market this week announced an investment round netting the company $335 million, the latest large dollar figure the company has raised for its refurbished electronics marketplace business. The company, which entered the North American market with a New York …

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Industry group calls for billions in recycling investment

The Recycling Partnership says $17 billion in funding for the domestic residential recycling sector could increase the national recycling rate to nearly 70%. The industry group today released a report titled “Paying it Forward: Investment in Recycling Will Pay Dividends,” …

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