According to a news update from the Recycling Council of Ontario (RCO), the lack of recycled PET has triggered a downsizing of the trade group that helps recyclers and the soft drink industry handle their used beverage containers.
NAPCOR — the National Association for PET Container Resources (the polyethylene terephthalate bottle industry’s leading trade group) is trimming costs to the bone and laying off its president and several top executives who deal with recycling issues.
The move comes even as recycling companies warn publicly that their industry is stagnating and soft drink makers launch an effort to figure out what to do.
NAPCOR announced May 12 that it is laying off its long-time president, Luke Schmidt, and two senior executives, citing financial problems and the loss of some of its larger member companies. The move reduced the Charlotte, N.C., trade group to a skeleton staff of two. The announcement capped an active couple of days in the PET sector: the soft drink industry, led by Coca-Cola Co. and PepsiCo Inc., brought its PET suppliers to an unusual meeting in Chicago May 11 to start to address falling recycling rates.
for further insight into the issue of plastic container recycling, please read Cathy Cirko’s article “All Bottled Up” in the current edition of Solid Waste & Recycling magazine.
To contact the RCO, call Joanne St. Godard at 416-657-2797 ext 1 or via email at email@example.com