The anticipated increase in June bale availability did not materialize last week, and this kept prices for HDPE dairy pellets firm at 70 cents per pound FOB U.S. East Coast.
The anticipated increase in June bale availability did not materialize last week, and this kept prices for HDPE dairy pellets firm at 70 cents per pound FOB U.S. East Coast.
Europe could be in line for more plastics recovery, and China is reportedly weighing the pros and cons of banning imports of waste plastics.
New York City’s recently passed fee on plastic bags could be in peril, and a beverage company ditches plastic for aluminum.
A recycled polyester fiber company backed by the leaders of reclaimer Custom Polymers announced plans to begin operating this summer.
Recycling facilities will likely encounter more PET water containers in the years ahead.
More than 500,000 professionals annually attend the big plastics industry trade shows worldwide, and with attendance rising at several of the events, this number seems primed to increase.
Recycled polypropylene markets were stable in the week leading to Memorial Day weekend, but if the prime polypropylene market is any indication, recycled prices could be heading lower in coming weeks.
Sector exports recently experienced another sizable month-to-month increase in volumes.
PET bales from bottles and containers collected curbside were sold at 11 to 11.5 cents per pound FOB U.S. East Coast late last week, up 0.75 cents per pound due to tighter supply in some regional markets.
China’s appetite for rPET fuels infrastructure in Pakistan, and Taiwan continues to propel recovery of a wide range of material.