Plant closures highlight larger migration
The latest earnings calls for recycled paper, glass and plastic end users and processors have brought facility closure and layoff announcements, at times contrasting with recent expansion plans.
Antoinette Smith has been at Resource Recycling Inc., since June 2024, after several years of covering commodity plastics and supply chains, with a special focus on economic impacts. She can be contacted at [email protected].
The latest earnings calls for recycled paper, glass and plastic end users and processors have brought facility closure and layoff announcements, at times contrasting with recent expansion plans.
With the approach of the annual March 1 deadline to opt into the 2026 Illinois Consumer Electronics Recycling Act, state and national organizers held an information session and provided an update on amendments to CERA legislation.
Faced with public scrutiny over the use of plastic packaging, a growing number of brand owners are touting their switch to paper-based alternatives, including recent moves by Driscoll's, Nestlé, Mars and more.
In an effort to encourage improved repairability for computers, chip maker Intel has provided its thoughts on incorporating modular design into electronics to comply with right-to-repair policy.
U.S. President Donald Trump was set to implement 25% tariffs on Canada and Mexico, effective Feb. 4, then delayed them, creating a rapidly changing trade landscape that furthered uncertainty in the plastics recycling industry.
Amid uncertainty surrounding projects funded through the Inflation Reduction Act, the CEO of Tennessee-headquartered Eastman expressed confidence in the future of its second U.S. chemical recycling plant, which was greenlit upon a $375 million award from the Department of Energy.
Packaging Company of America will stop linking its customer agreements to third-party pricing indexes, becoming the second major packager to announce similar intentions due to frustration with the leading index.
U.S. President Donald Trump implemented 25% tariffs on Canada and Mexico, effective Feb. 4, then delayed them, creating a rapidly changing trade landscape that furthered uncertainty in the recycling and plastics industries.
Rare earth element recycler REEcycle received a $5.1 million award from the U.S. Department of Defense to advance its work in extracting elements critical to neodymium-iron-boron magnets — the key building blocks of renewable energy and national defense technologies.
As the threat from wildfires in Southern California subsides thanks to heavy rains in the region, market participants said that so far the effect on RPET market has been minimal, though workers' lives were disrupted.
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