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Tag Archives: markets

Plastics collectors continue to feel market pain

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Waste Management, which collected and sold nearly 700 million pounds of scrap plastics last year, experience a 27% year-over-year drop in third-quarter recycling revenues.  | rblfmr/Shutterstock

Depressed commodity markets continue to slash recycling revenues for the companies that collect, sort and sell curbside plastics. Continue Reading

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Exports tumble and ‘ungodly demand’ boosts HDPE prices

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Market tracking graph.

Scrap plastic exports fell to their lowest level in recent history, but domestic markets continue to be hungry for recycled resin, particularly natural HDPE. | BEST BACKGROUNDS/Shutterstock

Overseas appetite for post-consumer scrap plastic dwindled in the third quarter. But on the domestic side, the value of recovered natural HDPE has skyrocketed and RPET demand remains strong. Continue Reading

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Thermoform recycling operation coming to California

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Green Impact Plastics will build a PET thermoform processing facility in California after reclaimer rPlanet Earth agreed to buy its output. | Courtesy of Green Impact Plastics

A Mexican company that developed a system to process post-consumer PET thermoforms will open a $7 million plant in the Los Angeles area. It’s now on the hunt for thermoform bales. Continue Reading

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Three plastic scrap end users report finances

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Three U.S. manufacturers that use large amounts of recovered PET, PE film and HDPE recently reported their quarterly financial results. | Freedomz/Shutterstock

Unifi, Trex and Greystone Logistics, U.S. manufacturers that use large amounts of recycled plastic, recently released their quarterly results. Unifi and Trex reported income growth. Continue Reading

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Tariffs weaken manufacturing, business confidence

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In May, the New York Federal Reserve Bank estimated tariffs in effect at that time would cost the average U.S. household $831 a year. | aijiro/Shutterstock

The escalating trade war between the U.S. and China is creating uncertainty among small businesses and exacerbating a global manufacturing slowdown, according to The Wall Street Journal.

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