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Tag Archives: markets

Industry council forms with eye on ‘meaningful change’

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Keefe Harrison, who leads The Recycling Partnership

Keefe Harrison, who leads The Recycling Partnership. | Brian Adams Photography/Resource Recycling Conference

The Recycling Partnership is bringing together three dozen individuals from across the recycling value chain for some frank discussion about how to get more types of material consistently collected and moved to end markets.

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Sector’s current focus: policy, demand and COVID-19

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Baled PET bottles for recycling.

Day one of the virtual APR meeting featured discussions on market trends and more. | Vitaliy Kyrychuk/Shutterstock

Although they can’t meet in person, plastics recycling stakeholders this week are still coming together for the Association of Plastic Recyclers (APR) members meeting, being held online for the first time.

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Plastics processors grapple with drops in pricing and demand

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Cheap prime plastics have contributed to tightened margins for some plastics processors. | Nokwan007/Shutterstock

Rock-bottom virgin prices and manufacturing shutdowns tied to the coronavirus have put a significant squeeze on plastics recycling profits of late. Some operators, however, expect conditions to start improving soon.

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EU group: Markets are crippling reclaimers

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Industry group Plastic Recyclers Europe is asking the European Union (EU) and individual countries to include recycling in their recovery plans. | sakhorn/Shutterstock

Coronavirus shutdown impacts have converged with low virgin plastic prices to spell significant struggles for European plastics reclaimers, according to a trade association.

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Unifi, Trex and Greystone describe business conditions

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A spread of business financial documents.

Despite challenges caused by the pandemic starting in March, the first quarter of 2020 showed strong sales for some businesses that use recycled plastic. | Chaosamran_Studio/Shutterstock

Three major recycled plastic consumers recently reported their business performance during the first few months of 2020. They touched on COVID-19, recycled material costs and their outlook for the future.

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Plastics takeaways from TerraCycle’s earnings report

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TerraCycle U.S. office in Trenton, N.J.

TerraCycle US sold $5.81 million worth of recycled plastic and other materials in 2019, well over double its net sales from the prior year. | Courtesy of TerraCycle.

This article has been updated.

A car seat recycling deal with a major retailer helped boost TerraCycle’s recovered commodity sales by over $3.5 million last year, according to a financial report.

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