Faith Group USA will continue purchasing and distributing post-industrial thermoplastics—especially PET in the U.S., as well as domestically sourcing these products for the Faith Group Company to export.
Industry experts says uses of HDPE in caps and closures will proliferate and will incorporate PCR and PIR. Future designs will “tether” the caps to the bottles as well.
Plans are for early 2022 launch of joint venture to build, own and operate a U.S.-based facility of high-purity lactic acid on a commercial scale, with another project to produce PLA.