Lexmark received the award specifically for the design of its toner cartridges, of which 95% contain at least some post-consumer recycled (PCR) plastic content.
The collaboration aims to convert production-related reusable materials into high-quality pyrolysis oil on an industrial scale.
The plant is extremely important to Graham’s mission to create a circular economy.
The facility will feature Agilyx’s advanced recycling technology.
The law requires all plastic bottles covered by the state’s container redemption program average at least 15% post-consumer resin (PCR) starting in 2022.
Nolan Lamb brings auxiliary equipment knowledge to the equipment manufacturer.
The new product aims to address the critical problem of plastics waste and offer consumers more choice as demand for recyclability in packaging continues to rise.
The funding will help with the rollout of the Circularise blockchain technology for circularity within the plastics industry.