The U.S. Trade Representative’s office recently extended a tariff exemption on shredder parts that wear down until the end of May 2025. | cybrain/Shutterstock
The U.S. Trade Representative’s office has extended tariff exemptions that cover certain shredder components imported from China, drawing praise from the Recycled Materials Association. Continue Reading
ADS purchases over 1.1 billion pounds of resin annually from 525 suppliers, half of it recycled, making it the largest plastic recycling company in the U.S. | Courtesy of Advanced Drainage Systems
Advanced Drainage Systems, currently the largest plastics recycling company in the U.S., saw lower sales over the past year due to lower demand in the construction and agricultural markets in mid-2023. But the company still reported record profit, largely due to lower feedstock prices. Continue Reading
Minnesota sent an EPR bill to its governor in a budget bill. | Rawf8/Shutterstock
Minnesota is officially the fifth U.S. state to pass extended producer responsibility for packaging after adding the program language into the 2024 Environment and Natural Resources Budget, which the governor signed. Continue Reading
Shannon Gordon, the chief operating officer of Circular.Co., speaks about the growing trend of digital commodity trading at the 2024 Plastics Recycling Conference. | Big Wave Productions/Plastics Recycling Update
Online buying, selling and trading is the future of recycled commodity sales – but we’re not in the future quite yet, digital platform providers said at the 2024 Plastics Recycling Conference in March. Continue Reading
Coming from inside the ranks of the state agency, Zoe Heller was appointed director of the California Department of Resources, Recycling and Recovery. | Rarrarorro/Shutterstock
California’s sizable waste reduction and recycling agency has a new leader in Zoe Heller, who was recently appointed director of the California Department of Resources, Recycling and Recovery. Industry leaders praised her integrity, thoughtfulness and collaboration skills. Continue Reading
Natural and color HDPE prices rose higher this month, continuing an upward trend that began last fall. Continue Reading
By mid-2023, the Myplas facility had drawn a total investment of $24 million, but it shut down shortly after it opened. | Photo via MBOLD on YouTube
Minnesota-based film recycling company Myplas USA closed its doors just weeks after opening, and was quickly served with an eviction lawsuit. The legal action has been settled out of court, but the facility’s future remains uncertain.
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Emily Friedman of ICIS described several trends driving recycled resin markets in the U.S., during the 2024 Plastics Recycling Conference in Grapevine, Texas. | Big Wave Productions/Plastics Recycling Update
A long runup in recycled natural HDPE prices came to an end last summer, when prices plummeted to levels not seen since 2019. A market analyst with ICIS recently explained how this has become a trend in the plastics recycling market – and how the cycle is beginning again. Continue Reading
U.S. exporters shipped 234.6 million pounds of scrap plastic to other countries during the first three months of the year, on par with what was exported during the same period in 2023. | Aaron Jacobs/Shutterstock
More than half of the scrap plastic that left the U.S. in the first quarter of the year stayed in North America, recent export figures indicate. Continue Reading
Five big North American haulers recently reported their first quarter earnings. | Janossy Gergely/Shutterstock
Publicly traded recycling collectors saw bale prices rise in the first quarter, contributing to higher revenues and a positive outlook for the year ahead.
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