There was / is a company in Dundee we supplied fans to in the 'old' days, that made yogurt / rice pots and recycled the remnants, the material was formed into a sheet of plastic a certain thickness as a very big roll - like newsprint width but thicker, this went through the machine and was pressed into the pot shape using heat and pressure, it then moved on a section and the pots 'punched' out, the sheet then rolled up and then sent for granulating into new plastic pellet to be made into a fresh sheet, its that long ago I even think it was sent downstairs and granulated there, but would have to research that.
Another company we sold fans and systems too, also recycled there waste plastic, HDPE, they made Milk bottles for Wiseman dairies in Trafford Park, they could only use about 10% regrind in the making of new bottles, you had the tops, bottoms and the odd actual bottle that were being sent to be granulated, down ducting and dedusted at the same time, their bottle making machine was an injector on a massive vertical carousel, and they had at least 6 to 8 of them.
Again other companies recycling plastic waste bottle (Liverpool and Leicestershire) both granulated and melted HDPE into either black piping for sewage drainage or clean beads for making into fresh plastic.
So all those companies melted down the plastic, only several thousand pounds of equipment can achieve, some day they will develop nanobots that will recycle more effectively, but not in my lifetime.