Please let us know if you have feedbackCalifornia PET recyclers say they will continue seeking state interventions — and new markets — in an effort to prevent more PET-related industries from closing in the wake of rPlanet Earth’s closure earlier this month. The closure rang alarm bells in the PET recycling industry, as it was the second PET reclaimer to close in California this year. California’s PET market dynamicsCalifornia’s regional PET recycling and processing sector has experienced multiple economic challenges lately, including competition with sellers of low-priced, imported virgin resin and softening demand from Mexico. The market for recycled PET, particularly Grade B, “is definitely backed up, and neither of these closures are really helping the market,” Derrico said. That leaves some limited markets in the Eastern U.S., but some PET recyclers in California have said the cost to ship the material is almost too much to justify the transaction.