For Ingka Group’s Circular & Sustainable Living Manager Connor Hill, technology, innovation and collaboration are key to becoming a circular business The latest Global Circularity Gap Report shows that just 7.2% of the world is circular. This has remained steady from last year, and there is slow progress in closing this gap. “The business sector is uniquely […]
Sustainability, Geographic Expansion, and Expanded Services Drive Waste & Recycling M&A Market
The Waste & Recycling sector continues to consolidate at a solid pace in 2024. Through year-to-date (YTD), the sector has witnessed significant merger and acquisition (M&A) activity driven by several factors, including: (i) sustainability pressure; (ii) geographic expansion and consolidation; and (iii) strategic addition of new service capabilities to enter new markets and drive growth. […]
Dow acquires polyethylene recycler Circulus
Dow has agreed to acquire Circulus, a polyethylene recycler. This transaction includes two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year. Dow expects the transaction to close in the third quarter of 2024, subject to customary regulatory approval. Dow’s experience in materials science and high-performance […]
Plastic Recycling Industry
LyondellBasell and ExxonMobil are expanding their plastic recycling capabilities with new facilities aimed at significantly increasing the recycling rate of plastic waste in the U.S. and globally. Their goal is to process 500,000 metric tons of plastic annually by 2026, helping divert plastic from landfills and contributing to a more circular economy for plastics. Source […]