Scrap natural and color HDPE prices have increased by 32% and 40% over the past month, continuing a recent rebounding in plastic bale prices.
Scrap natural and color HDPE prices have increased by 32% and 40% over the past month, continuing a recent rebounding in plastic bale prices.
Reclaimers are paying more for bales of post-consumer PET and HDPE this month, but the price of PP scrap has plummeted since September.
An editorial analysis examines whether recyclables prices may foretell a broader recession in the U.S. economy. | adison pangchai/Shutterstock
Eric Hartz (center) spoke on a panel with Kate Bailey (right) at the 2022 Resource Recycling Conference. The session was moderated by Sarah Edwards (left). | Big Wave Productions/Resource Recycling, Inc.
Recent years have seen a steady stream of announcements from chemical recycling operators touting technological breakthroughs. But two industry insiders recently issued a stern reminder to the market: Don’t forget about economics.
Recovered plastic end users Unifi and Greystone Logistics reported on increased profits recently. | Warut Chinsai/Shutterstock
Greystone Logistics is installing shredding and pelletizing equipment so it can purchase more lower-cost scrap polyethylene, as opposed to recycled resin. And Unifi is opportunistically buying PET bottle bales while it works to pass feedstock cost increases on to buyers of its recycled polyester.
August has brought precipitous drops in pricing for PET, color HDPE and polypropylene bales.
At Epsilyte’s Ohio facility the company is re-pelletizing used PS into expandable pellets for the safety helmet market. | Courtesy of Epsilyte
Insulative material producer Epsilyte is ramping up its capacity for recycling polystyrene with investments in its Ohio facility.
The upcoming Indorama facility will have an annual capacity of 1.1 million tons of PET and 1.3 million tons of PTA. | StanislauV/shutterstock
After a delay of several years, construction of a vertically integrated PET plant in Texas with an annual capacity of several million tons is slated to start up again in August.
Berry brand owner Driscoll’s has worked with its clamshell suppliers to boost the percentage of RPET derived from used thermoforms. | Courtesy of Driscoll’s
Clamshell containers used by berry brand Driscoll’s last year contained an average of 9% RPET sourced from used thermoforms. Continue Reading