A year after an online scrap plastics trading marketplace launched, an executive at the startup offered insight into where material is moving in the aftermath of China’s ban.
A year after an online scrap plastics trading marketplace launched, an executive at the startup offered insight into where material is moving in the aftermath of China’s ban.
Bales of PET continue to rise in value, while natural HDPE prices fall slightly but remain at a relatively high level.
A Utah recycling company is targeting bales of resins Nos. 1-7, possibly filling a critical void in the plastics recovery chain.
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Since the implementation of Chinese scrap import restrictions a number of Chinese companies have set up shop or established partnerships in the U.S. to process material and bypass restrictions. Continue Reading
An idled plastics recovery facility (PRF) is being dismantled and its components sold, after efforts to reopen it for the past year have not panned out.
Canada’s largest city conducted a pilot project last year to find a consistent outlet for densified foam polystyrene. The effort reached a clear conclusion, but it wasn’t good news.
A Thai policy restricting the import of scrap plastics has proved effective. U.S. scrap plastic exports to the country dropped by 94 percent after the ban took hold.
Plastics recycling companies are seeing higher freight costs amid a tight trucking market, and the logistical challenges are predicted to increase in the coming years.
The U.S. and China have fired their latest salvo in their ongoing trade war, and this time tariffs have been applied to recovered plastics and a number of other U.S. recyclables.
Recycled plastic yarn manufacturer Unifi saw an increase in sales last year, including stronger demand for its recycled flake and chip. But higher PET bale prices cut into profits.