A new report from a shareholder advocacy group says that with consumer brand companies cutting back on virgin plastics, and concerns rising over climate change, financial institutions should be worried about overinvestment in petrochemicals.

An unusual recycling and litter abatement plan in Texas to put a 1-cent fee on bags, takeout cups and PET bottles is getting support from the PET packaging sector, which has been backing new legislation to try to raise recycling rates.

The reintroduction of far-reaching Democratic plastics legislation in Congress got an amped up pushback from the industry. But political changes in Washington and shifts in industry positions have changed the field.

PET bottle recycler CarbonLite Holdings LLC announced March 8 that it’s filed for Chapter 11 bankruptcy, citing economic fallout from the COVID-19 pandemic.

Chemical recycling firm Agilyx Corp. announced 25 February that ExxonMobil Chemical Co. has joined its Cyclyx subsidiary, taking a 25 percent ownership stake in the feedstock management firm and joining as a founding member.

Virginia's Legislature has struck a deal between environmental and business interests, banning expanded polystryene takeout packaging but adopting a new law on chemical recycling factories favored by the plastics industry.

Supporters of a global treaty on plastic are pushing for an upcoming meeting of the United Nations Environment Assembly to launch negotiations towards an agreement.

A coalition of big retailers engaged in a $15 million effort to find alternatives to the plastic bag have announced nine contenders.

Like the CO2 offsets you can buy when renting a car, there's a burgeoning marketplace of credits that companies can purchase to offset their plastic use.

The Biden administration's pick to head the Environmental Protection Agency told senators at his confirmation hearing that the agency would examine a plan for tougher regulations aimed at plastics.

More than 40 Canadian companies, governments and environmental groups unveiled a plan Jan. 27 to recycle or compost 50 percent of the country's plastic packaging by 2025 and take other steps to improve its environmental performance.

Renew Oceans, one of the founding projects of the industry's $1.5 billion Alliance to End Plastic Waste, has ground to a halt, with organisers saying it is a victim of the pandemic and growing doubts the project could get to the size needed to succeed.

The NPE2021 show, the biggest plastics fair in North America, is canceling the in-person portion of the show scheduled for May in Florida because of the coronavirus pandemic, the organiser announced 5 Jan.

Eastman Chemical Co. will begin public reporting on spills of resin pellets, becoming the sixth plastics manufacturer to do so after reaching an agreement with shareholder activist group As You Sow.