Jim Johnson

The solid waste management and recycling company is buying a controlling stake in Avangard Innovative's U.S. business.

Work begins soon on a project that will include both additional extrusion and sorting capacity.

Work at Phoenix Technologies in Ohio will include construction of a new 70,000-square-foot building that will house two new extrusion lines to create recycled PET pellets.

The plastics additives company wants to be more than just a plastic additives supplier while also advancing plastics recycling.

Nexus President Eric Hartz: "We, the industry of advanced recycling and specifically pyrolysis, we just have to deliver. We have to perform."

U.S. recyclers are willing to do their part to increase recycling rates, but they are currently constrained by available supplies, according to the Association of Plastic Recyclers.

The move away from green PET for Sprite and other brands is part of a larger overall push to increase recycled content for the company's beverage containers.

In another strategic move to secure a steady supply of recycled resin material, Braskem has signed a Memorandum of Understanding with Nexus Circular, an Atlanta-based advanced recycler that converts end-of-life plastics into circular feedstocks for use in plastics production, gaining exclusive rights to the production output of Nexus Circular’s proposed new plant in Illinois.

Representatives from three companies involved in a plastics credit program provides their views on the fledgling approach to funding recycling, borrowing ideas from existing carbon offset programs.

The company, with headquarters in Israel, its first commercial-scale plant being constructed in the Netherlands and plans for even more growth, has spent years developing an technology to create a unique composite thermoplastic material.

Design work is now under way on what is being touted as the world's largest pyrolysis plant, a project that has the support of a major petroleum company that will use output to make food-grade polymers.

The new project in Texas is getting the green light after TotalEnergies agrees to buy about a third of its output to then make recycled polymers.

The Austria-based company saw sales climb 17 percent in its most recent fiscal year.

Film manufacturer Charter Next also will purchase resin recycled by Myplas USA to create new products.

Demand is helping fuel higher prices for recycled resin, which is acting more independently of virgin resin prices these days.