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Tag Archives: markets

Trex reports higher sales and profits for 2020

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Working with business documents.

Trex, which recycles PE film and wood fibers into composite lumber, reported 2020 sales were up 18% over the prior year. | H_Ko/Shutterstock

COVID-19 failed to dent profitability at Trex, which recycles scrap film into composite lumber. In fact, the opposite happened: Sales and profits both jumped sharply last year.

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Tight trucking market will persist well into 2021

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Many hauling trucks parked in a lot.

With fewer available drivers comes less available trucking supply, leading to higher prices and potential disruptions in trucking availability for those in the recycling industry. | Vitpho/Shutterstock

A driver shortage that was exacerbated by the COVID-19 pandemic will continue to create challenges for moving recyclables this year, analysts say.

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‘Anomaly’ year brings recycled PET market twists

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Closeup of empty PET bottles.

COVID-19 and pricing pressure led companies to seek other supply lines for PET feedstock. | Pixel B/Shutterstock

A confluence of RPET market disruptions in 2020 included low prime plastic pricing and supply challenges that led end users to seek feedstock from other sources. Still, experts maintain a surge of RPET demand is fast approaching.

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