Executives from the Mexico-headquartered polyester giant said the Chinese government has acknowledged issues and convened PET producers, but Alpek is cautious on what this means for the future.

The organization aims to leverage Mexico's leadership in plastics recycling and vital role in North American markets.

During a short session, the Intergovernmental Negotiating Committee elected Chilean diplomat Julio Cordano to continue efforts toward an internationally binding agreement to reduce plastics pollution.

The bill would require the US EPA to collect data on reuse and refill systems across industries including consumer packaging, personal care products and wholesale shipping of retail goods.

The polypropylene recycler will invest $8.5 million to fit an existing facility in Charlestown, across the Ohio River from its current home in Jeffersontown, Kentucky.

The global packaging giant said some brand owners have lost market share while navigating an inflationary environment, and now may shift focus from price to volumes.

Acquisitions and new capacity are part of the aluminum can manufacturer's strategy to place supply closer to demand, helping to mitigate tariffs and optimize logistics.

The global energy giant says it's on track to reach processing capacity of 450 million pounds/year of plastic waste in 2026, and stated its support for federal legislation to align recycling policy.

The European company will transfer its ownership share in the Houston plastics sorting center to JV partners LyondellBasell and ExxonMobil.

In a new white paper, the group proposes three key changes to revive the treaty talks after a new chair is selected later this week.