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Tag Archives: markets

Exports continue despite dramatic overseas changes

Published: April 21, 2021
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Cargo ship at port.

The U.S. exported 102.3 million pounds of recovered plastic in February, with Malaysia as the top overseas destination. | MAGNIFIER/Shutterstock

U.S. exports of recovered plastic remained consistent in February, despite global trade policy changes that went into effect at the beginning of the year.

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Online event dives into markets, policy and more

Published: April 14, 2021
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Screenshot from the 2021 Plastics Recycling Conference

Speakers in a session last week came from two often-opposing sides of the packaging and recycling debate: Craig Cookson of ACC and Kate Bailey from Eco-Cycle. | Screenshot from the 2021 Plastics Recycling Conference.

Last week’s Plastics Recycling Conference, held online, featured eight sessions over two days. Here are some of the talking points that caught our team’s attention.

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Trex reports higher sales and profits for 2020

Published: February 24, 2021
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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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Supply issues and virgin competition jostle resin prices

Published: February 10, 2021
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Plastic pellets with blue pigment pellets.

An industry analyst recently gave insight on how the virgin plastic market is impacting recycled plastic markets. | Joyce Blessthink/Shutterstock

Recycled plastic sellers are facing cost pressures from cheap virgin material, and an expert says reclamation costs will not come down to close that pricing gap.

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Recycled resin buyers report boosted profits

Published: February 10, 2021
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Working at a desk with business documents and a calculator.

Recycled-plastic consumer Unifi’s profitability increased substantially during the fourth quarter. | Elle Aon/Shutterstock

Two large manufacturers of recycled-plastic products – Unifi and Greystone Logistics – stayed on track late last year despite COVID-19 complications, financial filings show.

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Tight trucking market will persist well into 2021

Published: January 20, 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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