Investing in sustainability for plastic packaging producers takes form across departments, with the knowledge that a sustainable business means being both profitable and responsible.

According to a new study that was recently published by Plastics Recyclers Europe, Petcore Europe, NMWE and UNESDA Soft Drinks Europe, the PET collection, recycling and production rates in Europe have continued to improve over the last two years, since the previous report appeared.

International compounder Hexpol TPE has announced that it has been granted ISCC Plus certification to produce TPE materials with certified bio and/or bio-circular content via the mass balance approach at their Åmål, Sweden site.

The new resins are being sold under the Omnix ReCycle trade name. They have at least 33 percent recycled content, of which 70 percent is post-industrial or post-consumer.

Honeywell and Avangard Innovative today announced plans to form a new joint venture to build a new advanced recycling plant in Texas.

In December, European standard thermoplastic prices mostly posted small price increases despite lower demand towards the end-of-year holiday period and limited cost development.

A $60 million recycling plant in Southeast Mexico aims to recapture 55,000 tons of post-consumer PET annually.

PET recycling capacity is increasing as the company seeks to further a commitment to bottle-to-bottle recycling.

A new consortium led by Brightlands Materials Center in Geleen has been formed to explore the development of fully recyclable, sterilisable, stand-up pouches for soups, sauces and other “wet’ food applications.

Renewable chemistry company Avantium has been given the go-ahead to build its new FDCA flagship plant in Delfzijl, the Netherlands.