Recycled HMW HDPE prices for both pellet and flake were down last week reflecting an oversupply of HMW scrap drums and intermediate bulk containers in the southern U.S.
Recycled HMW HDPE prices for both pellet and flake were down last week reflecting an oversupply of HMW scrap drums and intermediate bulk containers in the southern U.S.
The Institute of Scrap Recycling Industries (ISRI) has released its annual Scrap Yearbook, a statistical and comprehensive publication regarding the U.S. and global scrap industry.
Plastics collection and recycling in the U.K. is on the rise, just not as quickly as the industry expected.
Figures on industry exports indicated upticks for both volume and price in late summer. For the year, exports continue to lag 2015 totals, however.
Exported recovered plastics recently saw prices increase 12 percent year-over-year. Volumes, however, remain down.
Industry exports saw a jump in volume of nearly 4 percent from April 2016, but totals are off significantly from a year ago.
Entropex, one of North America’s largest plastics reclaimers, has laid off employees, ceased operations and will be put up for sale.
Nylon 66 recycled resin prices are expected to trend higher following the news late last week that fiber maker Invista intends to discontinue nylon 66 production at a Tennessee plant.
Through the first four months of 2016, export volumes of recovered plastics were 7.7 percent lower than totals from this time last year.
Plastic bag manufacturer Novolex will gobble up a nationwide maker of can liners, a move that will reduce its exposure to the uncertain retail shopping bag market.