Over the past month, recovered PET and film values have fallen, but HDPE grades have seen slight increases.
As we enter 2018, the market for most plastic packaging collected at the curb remains unchanged, although PP prices recently took a jump.
Prices for natural HDPE bales have increased over the past month, but markets for other recovered plastics have been relatively flat. Mixed-plastic bales continue to trade at record low prices.
The Association of Plastic Recyclers has added partners to a campaign designed to encourage the use of recycled-content products.
The 13th annual Plastics Recycling Conference, taking place this week in Tennessee, has brought together nearly 2,000 sector executives. That record-high number is a sign of the widespread industry thirst for connection and guidance at a time of unprecedented market disruption.
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A North American recycling operation will open an e-plastics-focused facility in response to Chinese import restrictions.
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Nearly two-thirds of recyclables exported out of California have been bound for China in recent years, and as the Asian behemoth closes its doors to those imports, the state’s recycling industry is feeling the hit.
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Facing falling customer demand, an end user of recycled PET will lay off 100 employees at its North Carolina factory.
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The recycling industry has not escaped the fallout from a tight trucking market. Recent regulatory movement and a growing driver shortage have contributed to rising freight costs, just months after extreme weather impacted the shipping sector.