May pricing bullish for most bales
Parts of the struggling recycling sector are seeing upside in war-related surges in commodity pricing.
Antoinette Smith has been at Resource Recycling Inc., since June 2024, after several years of covering commodity plastics and supply chains, with a special focus on economic impacts. She can be contacted at [email protected].
Parts of the struggling recycling sector are seeing upside in war-related surges in commodity pricing.
About 20% of global PE supply is affected by the closure of the Strait of Hormuz, compared to nearly three-quarters of PP supply.
Despite persistent softness in the construction sector, the deck and railing company is leaning into marketing and innovation to convert more consumers from wood products.
Steve Alexander, CEO of APR, pointed to China as driving global oversupply despite fluctuating PET imports to the US and urged quick, decisive action.
Get quick, need-to-know info about what's happening in recycled plastics and beyond, from the most recent investor updates.
During recent industry updates, stakeholders have indicated that the polymer could experience a more profound shift than polyethylene.
War-related supply constraints have pushed virgin resin prices much higher while feedstock bales for recycled PP have seen less dramatic rises.
CEO John Bissell has stepped down from the company, which previously reported it had enough money to operate only through Q3 2026.
Market share gains rather than a macro recovery are driving growth in the company's circular platform.
Ahead of the announcements, International Paper, Smurfit Westrock and others pointed to a sudden rise in demand, higher costs and low customer inventories.
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