The PET packaging industry continues to push changes including increased use of post-consumer resin, continued lightweighting, improved processing methods, new additives and the use of cleaner energy.
Both 2025 and 2026 present an opportunities before tougher market conditions emerge in 2027 and beyond, economist Michael Feuz said at the Manufacturers Association for Plastics Processors conference.
As technical director of the Association of Plastic Recyclers, Scott Trenor cannot get any closer to the issues, obstacles and opportunities that face the reuse of plastics these days.
Plastipak was founded by William C. Young and his parents in 1967. The company grew to become one of the largest privately held plastic container makers in the world.
The Hartsville, S.C.-based business is considering a sale as a way to raise money to help pay for a recently announced metal container business purchase.
The blow molder, with extensive operations in the United States and a handful of locations elsewhere globally, names a long-time industry veteran as new leader.
The PET Recycling Coalition has provided more than $5 million to help boost PET recycling rates during the past two years, but the effort, part of The Recycling Partnership, needs much more funding.