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Tag Archives: markets

Hurricanes, port strike disrupt recycling markets

Published: October 9, 2024
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A natural disaster and a potentially catastrophic dockworker strike have highlighted weaknesses in the supply chain. | TajdidProtik/Shutterstock

Even as the U.S. Southeast continues to clean up after Hurricane Helene, the western coast of Florida is bracing for Milton, which is expected to be the second category 5 storm in less than two weeks to hit the area.

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Q2 Northeast commodity values hit 2-year high

Published: September 11, 2024
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Stacked bales of PET for recycling.

Average prices for blended residential commodities rose by 5% to 6% during the quarter, according to data collected from 15 MRFs in the Northeast. | Warut Chinsai/Shutterstock

Average commodity prices for April-June 2024 were higher by about 40% on the year, marking their highest level since the second quarter of 2022, according to the latest MRF Values Survey Report from the Northeast Recycling Council. Continue Reading

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Ridwell strikes a chord with those worried about recycling

Published: August 21, 2024
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Baled clamshells in Ridwell’s Portland facility on Aug. 15, 2024, awaiting shipment to a downstream processor. | Marissa Heffernan/Resource Recycling.

As more consumers turn a skeptical eye to traditional recycling programs, Ridwell, a company that provides curbside collection of hard-to-recycle materials, is growing into numerous markets across the country. And the company is doing it with transparency in mind. Continue Reading

Report: Brands likely to shift focus from PCR to emissions

Published: August 7, 2024
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Plastic flake with baled plastic in background.

Although companies may be shifting to a broader carbon-footprint strategy, PCR production still needs to increase several times over, a recent RaboResearch report said | RecycleMan/Shutterstock

Brand owner targets for PCR content have helped drive demand for recycled plastics in the U.S. and Europe in recent years, but PCR production needs to increase as much as fivefold to meet those goals, according to a recent RaboResearch report.  Continue Reading

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Haulers predict strong year after Q2 revenues

Published: August 7, 2024
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Republic Services truck making residential collections.

Five large publicly traded North American haulers recently reported their second-quarter earnings. | LV Olga/Shutterstock

Rising commodity prices were a boon for major recycling operators in the second quarter of the year, and they’re now anticipating better full-year results than they initially expected.
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Novolex reports lower global PCR usage

Published: July 17, 2024
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Novolex building seen from above.

Although overall PCR usage dropped in 2023, Novolex’s paper segment reached its highest share of recycled content since 2020. | Photo Courtesy of Novolex

Packaging producer Novolex reported slightly lower post-consumer recycled content usage in its plastic products for 2023, according to the company’s latest sustainability report.

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Plastic industry weathers Beryl’s effects

Published: July 17, 2024
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Texas experienced its first major hurricane of the season in early July, with significant power outages, but peak storm season has yet to occur. | Vladimir-Martinov/Shutterstock

As the first major hurricane of the season hit Texas last week, MRFs and processors braced for disrupted services, flooding and power outages, which are familiar obstacles for Gulf Coast operators each June through November.

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Platform scales up tools to digitize recycling sector

Published: June 5, 2024
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baled plastics

Matium both connects buyers and sellers and makes data reporting easier for users of the digital platform. | Ann-Moore/Shutterstock

Matium last month began the commercial launch of a platform that digitizes many aspects of the plastics recycling trading business. The company also received a recent funding boost from an economic development agency in Colorado.

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