We were paying China to take it, and they were putting it in a landfill (probably). China won't take our trash, I mean recycling anymore, so now we're putting it in landfills.
General rule of thumb is if you can get money for scrapping it, it's recyclable (aluminum, glass, steel, etc).
Companies use plastic because it's cheap and the government won't regulate it. I remember when sodas used to come in bottles, and food came in wax paper wrapping, and it tasted better.
From an npr article posted by someone else:
>Here's the basic problem: All used plastic can be turned into new things, but picking it up, sorting it out and melting it down is expensive. Plastic also degrades each time it is reused, meaning it can't be reused more than once or twice.
https://www.npr.org/2020/09/11/897692090/how-big-oil-misled-...