Chinese recycling executives see a promising outlook for Asian companies looking to invest in the U.S. as a result of China’s import restrictions.
Chinese recycling executives see a promising outlook for Asian companies looking to invest in the U.S. as a result of China’s import restrictions.
Composite decking manufacturer Trex saw significant boosts in sales last year, in part due to China’s impacts on recovered PE markets.
This year’s Plastics Recycling Conference drew a record number of attendees – more than 1,900 – for three days of discussions, networking and deal-making. Our on-site photographer captured the action.
Two recently released reports provide snapshots of film and non-bottle rigid plastics recycling. The material types have seen collection gains but processing challenges.
During a plenary session at the Plastics Recycling Conference last week, major exporters opened up about alternative markets, quality improvements, and operational and contractual changes they’ve made in response to China’s import restrictions.
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.
