Circularix has made a supply agreement with Republic Services aimed at advancing the circularity of recycled PET (polyethylene terephthalate).
Circularix, in operation at its new Hatfield, Pennsylvania, plant with a second coming online in the first half of 2024 in Ocala, Florida, has committed to sourcing a portion of its post-consumer PET flake from Republic Services' polymer centres. The agreement comes at a time when beverage brands and CPG companies are gearing up for mandates and commitments to increase the use of recycled materials.
Both companies are dedicated to creating a circular economy, ensuring that materials are continually recycled and reused. Circularix says that the agreement represents true circularity, with domestically generated PET waste transformed back into food-grade recycled PET for domestic use.
"We are committed to sustainable practices and are excited to collaborate with Republic Services to accelerate the buildup of domestic recycling capabilities," said Leon Farahnik, CEO of Circularix. "This agreement aligns with our environmental goals and our dedication to providing beverage brands and CPG companies the material needed to make good on their sustainability commitments."
"Through our Polymer Center network, we're helping customers achieve their ambitious recycled content goals by producing high-quality recycled plastics for use in sustainable packaging," said Pete Keller, Republic Services vice president of recycling and sustainability. "Our agreement with Circularix will promote true plastics circularity, enabling a PET bottle to be recycled into a new PET bottle."