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March 2020 / 15 PVC, and Others), by Application (Bot- tles, Films, Fibers, Foams, and Others), and by Geography — Global Drivers, Restraints, Opportunities, Trends, and Forecast up to 2025 by Infoholic Research, a market research com- pany, predicts that the recycled plastics market will experience solid growth through 2025. The market is expected to grow at a 6.8 per- cent compound annual growth rate (CAGR) during the forecast period to reach $66.73 billion by 2025. According to the report, while plastic usage has increased to more than 300 million tons per year, the recycling rate of plastics has remained at around 10 percent, even with dedicated efforts by various entities to increase recy- cling. Contributing to the increase in virgin plastic use are low crude oil prices, resulting in lower virgin created through high-temperature purification of specialty carbons and graphites for distributed-, mobile-, and motive-energy appli- cations. The company's ultrahigh purity products are manufactured using proprietary electrothermal treatment/purification technol- ogy that is also environmentally friendly. The fully operational facil- ity has created 20 new jobs and will help stem the shortage of natural and synthetic graphite purification capabilities for the energy markets. MARKETS UPDATE Recycled plastics market report predicts solid growth through 2025 The report Recycled Plastics Market by Type (PET, HDPE, LDPE, PP, PS, and France. Tekna develops and produces high-purity metal pow- ders for applications such as AM with manufacturing facilities in Canada and France and sales and distribution offices in China, India, and South Korea. Superior Graphite expands Kentucky plant to meet market demand Superior Graphite, Chicago, IL, has opened a new specialty carbon products plant in Hopkinsville, KY. The factory expands the compa- ny's footprint on the site where it has operated since 1977. In addition to the expansion, the site includes plants that produce desulpherized coke and powders for advanced ceramics. The plant will supply highly consistent, low-impurity carbon materials in bulk quantities