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Tag: Recycling Industry News

Aluminum pricing gains attention of US Senate

Aluminum pricing gains attention of US Senate <![CDATA[A consortium of trade associations has given its backing to a bill introduced in the United States Senate that would give the U.S. Commodity Futures Trading Commission “jurisdiction over the markets, including the process, oversight, transparency and manner in which reference prices for…
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PolyQuest appoints two senior vice presidents

PolyQuest appoints two senior vice presidents <![CDATA[PolyQuest Inc., a Wilmington, North Carolina-based distributor of polyethylene terephthalate (PET) resins and manufacturer of recycled PET resins, has promoted Ryan Nettles and Brad Willingham to senior vice presidents.Nettles has been named senior vice president of operations and recycle. He will continue to lead PolyQuest’s…
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Liebherr names new US managing director

Liebherr names new US managing director <![CDATA[Global machinery maker Liebherr Group has announced the appointment of Kai Friedrich as managing director of Newport News, Virginia-based Liebherr USA Co. Friedrich, who will officially assume his new role on August 1, will be taking over the role previously held by Peter Mayr.…
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Arconic’s sales increase 52 percent year over year

Arconic’s sales increase 52 percent year over year <![CDATA[Arconic Corp., headquartered in Pittsburgh, has reported its second-quarter financial results, which show revenue of $1.8 billion, an 8 percent increase from the first quarter of this year. The company attributes its revenue increase to higher aluminum prices and growth in the…
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US Steel sees record adjusted EBITDA margin in Q2

US Steel sees record adjusted EBITDA margin in Q2 <![CDATA[United States Steel Corp., or U.S. Steel, has reported second-quarter 2021 net earnings of $1,012 million, or $3.53 per diluted share, and adjusted net earnings totaled $964 million, or $3.37per diluted share for the quarter. The Pittsburgh-based steel producer recorded a…
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Eastman enters into partnership with Procter & Gamble

Eastman enters into partnership with Procter & Gamble <![CDATA[Cincinnati-based Procter & Gamble (P&G) has entered into an agreement with Eastman, headquartered in Kingsport, Tennessee, to use Eastman Renew materials in select products and packaging. The move supports both companies’ goals to reduce the use of virgin plastic from fossil resources.…
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Athens Services opens new Sustainability Center

Athens Services opens new Sustainability Center <![CDATA[Athens Services, City of Industry, California, announced the launch of its new Sustainability Center in Thousand Oaks, California. According to the company, the Sustainability Center is the first facility dedicated to environmental sustainability for Thousand Oaks residents and is a place where residents can…
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PepsiCo backs recycling push in Latin America

PepsiCo backs recycling push in Latin America <![CDATA[United States-based PepsiCo is paying attention to and investing in recycling in Latin America, according to an interview with the company’s regional president by Santiago, Chile-based business information service provider BNamericas.In the online interview, Erick Scheel, president of PepsiCo Latin America Beverages, says…
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Bio Pappel has slight profit increase in Q2

Bio Pappel has slight profit increase in Q2 <![CDATA[Mexico City-based Bio Pappel S.A.B. de C.V. has reported a 29 percent increase in shipments and a 2 percent increase in earnings in the second quarter of this year compared with last year. The earnings figure is based on earnings before interest,…
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