RECYCLING USA
US Plastics Pact oversight group creates PET reclaim scheme / Initial funding target set at USD 25 mn
A US non-profit, the Recycling Partnership (Washington, D.C.; https://recyclingpartnership.org), says it has launched its PET Recycling Coalition, an initiative to improve PET circularity. The partnership administers US activities for the global Plastics Pact Network created by the UK-based Ellen MacArthur Foundation (EMF, Cowes; www.ellenmacarthurfoundation.org).

The US group said the goals of the coalition are to increase the collection of PET bottles, unlock new supplies of rPET for packaging manufacturers, strengthen reclaim systems for pigmented and opaque PET, and broaden the acceptance of PET trays, cups, and clamshells in community recycling collection programmes. Members of the Recycling Partnership include resin makers Eastman and Indorama Ventures, Coca-Cola, Proctor & Gamble, and Walmart.

“The PET Recycling Coalition will make grants to recycling facilities for sorting equipment and related capital needs,” the partnership said. “These upgrades will improve PET bottle capture, deliver more rPET for use back into bottles and thermoforms, increase the acceptance of non-bottle rigid items in community recycling programmes, and strengthen recycling opportunities for pigmented and opaque PET.”

Related: US bans SUPs from national parks

The grants, technical assistance, and knowledge sharing are to be used to create “a thriving PET recycling system that captures significantly more material, enabling more circular PET packaging with increased amounts of recycled content”, according to the partnership, which said the coalition has set an initial funding target of USD 25 mn (EUR 24.5 mn) over five years and is seeking additional supporters.

“Eastman is deploying technology that transforms plastic ‘waste’ into valuable feedstock,” said Scott Ballard, president of Eastman’s plastics division. “And while making waste valuable improves the economics of recycling, we know technology alone cannot solve this crisis. Our country needs substantial innovation and investment in its recycling ecosystem.”

Related: US Plastics Pact calls for end of PS, EPS, and PVC packaging
08.07.2022 Plasteurope.com [250707-0]
Published on 08.07.2022

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 24.11.2024 09:26:01   (Ref: 347459002)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp