The average value of recovered material sent to foreign markets is back under 17 cents per pound. Volumes are up year-over-year, however.
The average value of recovered material sent to foreign markets is back under 17 cents per pound. Volumes are up year-over-year, however.
HoPP repro and regrind prices fell last week on an oversupply of recyclable post-industrial and post-consumer PP scrap in many parts of the U.S.
The assets from shuttered plastics reclaimer Entropex will be purchased by the founders of two major Canadian recycling companies.
Projects to recover health-care plastics are highlighted, and greater volumes of packaging for ready-to-eat foods are likely to enter the recycling stream.
Major consumer brands say they could use nearly 300 million pounds of post-consumer polypropylene for non-food-contact applications over the next few years.
Prices for recycled PET are under downward pressure due to lower prime PET prices, which in turn reflect plentiful PET imports.
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.