As the overall recycling sector struggles, plastic film stakeholders are bearing the brunt of the industry’s challenges. | Dmitry Markov152/Shutterstock
Editor’s note: Some industry sources for this story were granted anonymity due to the sensitive nature of market relationships.
Key takeaways
- Bale pricing resists supply/demand fundamentals
- Cheap virgin resin proliferates while demand stumbles
- Adoption of recycled content delayed amid uncertainty
Two weeks after the closure of WM’s plastic film recycling operations, market players have been left to process what the development means for the overall industry.
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An agricultural plastics collection company has expanded substantially in the past year, opening a processing facility in California and growing its collection volumes across the Midwest.