Waste Management to acquire majority stake in Houston company known for hard-to-recycle plastics

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Waste Management, based in Houston and the largest waste removal company in the U.S., said a joint venture with Avangard Innovative will boost the company’s ability to handle hard-to-recycle flexible plastics.

Waste Management, based in Houston and the largest waste removal company in the U.S., said the partnership with Avangard Innovative, which will create a venture known as Natura PCR, would boost the company’s ability to handle hard-to-recycle flexible plastics such as grocery bags, takeout containers and shrink wrap.as consumers demand that more plastics be recycled and diverted from landfills.Are you recycling the right items, Houston? Test your knowledge with our game and guide.

Waste Management gains a controlling interest in Avanguard’s U.S. business, which includes two plastics recycling facilitiesNatura PCR,will divert plastic films and bags from waste streams, break it down into resin and sell it back to companies such as Dow, which use it to make new plastics. Natura aims to grow its plastics recycling capacity to produce around 400 million pounds per year of post-consumer resin in five years.

 

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