Through the first three months of 2017, exports of recovered plastics were up 21 percent compared with 2016.
Through the first three months of 2017, exports of recovered plastics were up 21 percent compared with 2016.
A global recycling trade group says China has rekindled its scrutiny of imported plastics.
A meeting of the International Council of Containership Operators got raided last week, sending tremors throughout the ocean shipping industry.
Industry exports last year saw decreases in both tonnage and average price when compared with 2015 totals.
A recycled polyester plant expands its South Carolina operations, and a filament recycling startup will pitch its venture to business tycoon Richard Branson. Continue Reading
Volume and price levels for scrap material sent out of the U.S. recently experienced month-to-month increases. However, cumulative export totals for 2016 continued to lag those of 2015.
A leading shipping line executive says recovered materials exporters can expect to see a different global freight environment in the next year. This will substantially affect the current recycling marketplace.
As recycled resin markets struggle, San Francisco leaders have called for a statewide bill mandating at least 25 percent recycled content in all single-use plastic beverage containers.
Germany increased its average recycled content in PET bottles last year, despite challenges in pricing compared with virgin plastic, according to an industry group.
The average value of recovered material sent to foreign markets is back under 17 cents per pound. Volumes are up year-over-year, however.