Following the price hikes in March and April, the market in China for recovered plastic material has declined since the second half of May both in pricing and demand.
Following the price hikes in March and April, the market in China for recovered plastic material has declined since the second half of May both in pricing and demand.
In mid-July, a landmark pilot effort sorted out plastic bottles and other recyclables from waste generated by attendees of a string of classic rock concerts held at Boston’s beloved Fenway Park.
This story originally appeared in the November 2016 issue of Plastics Recycling Update.
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During the past year, the national average price of post-consumer PET beverage bottles and jars rose steadily by 68 percent, from 8.6 cents per pound in March 2016 to the current 14.5 cents per pound.
The national average price of post-consumer PET beverage bottles and jars has been increasing steadily since January. On Jan. 3, the national average price was 10.8 cents per pound. It has moved up 40 percent to the current 15.1 cents per pound.
Clarissa Morawski
Single-use packaging is easy to spot. A short walk along a beach, anywhere in the world, will reveal the consequences of our throwaway culture as each tide brings in a fresh layer of debris, most of it single-use plastics.
Jonathan Levy
Over the past several months, the Institute of Scrap Recycling Industries (ISRI) has been studying the issue of degradable additives and how the inclusion of these compounds in the manufacture of plastic items can impact their recyclability. Continue Reading
Susan Collins
The Container Recycling Institute (CRI) commends PepsiCo for recent statements from Vice President Roberta Barbieri supporting the value of bottle bills for producing clean materials for bottle-to-bottle recycling. However, it is important to point out inaccuracies in Ms. Barbieri’s statements, particularly about the cost-effectiveness of bottle bills (container deposit laws).
While prices for recovered PET and HDPE have remained steady or increased, post-consumer film values continue to nose-dive.
China’s import policy changes are straining recovered plastics export markets, particularly impacting mixed rigids. Recycling companies have been forced to stockpile and even landfill the materials, while numerous municipal programs have stopped accepting mixed plastics.
