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Low virgin plastics pricing pinches recycling market further

Published: May 6, 2020
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An industry analyst recently noted that low virgin resin pricing means challenges for ensuring end users choose to use recycled plastic. | batuhan taskinkaya/Shutterstock

The coronavirus pandemic has piled on top of existing plastics recycling market strife to cause pricing fluctuations and create uncertainty about how end users will meet their sustainability commitments.

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Pause on bag law is a hit to some recyclers

Published: April 29, 2020
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Plastic bags

California’s governor recently suspended the state’s single-use bag ban for 60 days. | Joanna Dorota/Shutterstock

California’s single-use bag ban has been suspended for two months, with the governor citing coronavirus safety concerns. One plastics reclaimer said the move led to an immediate drop in PCR sales.

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Carpet producers to end voluntary recycling subsidies

Published: April 29, 2020
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The carpet recycling industry is already facing pressures from low plastics prices, a shift in polymers used in carpet and collection challenges from the coronavirus. | ND700/Shutterstock

Carpet manufacturers are halting their nationwide voluntary subsidy program for carpet recycling, which could push some struggling processors out of business.

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Circulate Capital ready to invest millions in Asia

Published: December 18, 2019
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Circulate Capital’s April Crow (center) at the 2019 Resource Recycling Conference and Trade Show, held in August in New Orleans. | Resource Recycling, Inc./Brian Adams Photography

An ocean plastics prevention fund has $106 million in hand and is gearing up to announce its first investments in Southeast Asian waste management infrastructure.

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Some recycling firms score paycheck loans; others strike out

Published: April 22, 2020
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The $349 billion in initial funding for the Paycheck Protection Program ran out within two weeks. | NIKCOA/Shutterstock

Reclaimers and other processors across the country are looking to a federal assistance program to help them overcome cash-flow problems sparked by the coronavirus. Some have been successful, but others are running into banking complexities and tapped-out funding.

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How much recycled plastic do California bottlers use?

Published: April 22, 2020
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More companies reported selling plastic bottles in California in 2019 compared to the prior year, but so far, slightly fewer said they used recycled plastic. | tezzstock/Shutterstock

Beverage container producers have reported their recycled plastic use in California for 2019. Out of 64 manufacturers, 13 companies said they used recycled plastic.

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