Two companies have big plans to boost PET consumption

A Texas bottle-to-bottle recycling firm is spending $60 million on equipment for an upcoming facility, and a clothing giant plans to invest $5 million in the company’s recycling center to meet demand for fabrics made using recovered plastics.  In Texas, CarbonLite Recycling is shelling out significant sums to outfit its new facility in the city of Abilene with of state-of-the-art plastic bottle recycling equipment. The Abilene plant, first announced in October of 2013, is slated to begin production in late 2014 and will allow CarbonLite to grow a partnership with Nestle Waters North America.  See Full story

Source:  Resource Recycling