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

  • 📰 HoustonChron
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 609. in US

United States United States Latest News, United States United States Headlines