Every 1,000 square feet of Everboard prevents about 1 ton of mixed paper-plastic from going to landfill. | Courtesy of Continuus
Within three years, Waste Management could be sending 150,000 tons of mixed paper and plastic each year to a factory that will recycle the otherwise-landfill-bound material into a high-quality roofing board.
The Closed Loop Local Recycling Fund will help finance facilities that are modular and much smaller than a traditional facility, with a cost between $1 million and $2 million. | Courtesy of Revolution Recycling at Twin, Steamboat Springs, Colo.
A $35 million investment from PepsiCo Beverages North America will help Closed Loop Partners reach more people living in recycling deserts.
The expansion will add up to 50 jobs to Padnos’ Wyoming, Mich. plastics recycling plant. | SevenMaps/Shutterstock
More ocean-bound plastics will be recycled in Michigan after Padnos decided to expand its plastics recycling plant, a $6.6 million project.
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Earlier this month, PreZero opened a plant in the German municipality of Eitting, near Munich, that will sort up to 120,000 metric tons of lightweight packaging a year. | Courtesy of PreZero
More plastic recycling is coming to Europe with Biffa and PreZero announcing expansion projects, while a U.K. advertising regulator is targeting big brands for their bottle recycling claims.
Oil price movements could put upward price pressure on virgin resin prices, improving the marketability of recycled resins. | ded pixto/Shutterstock
Oil prices are hitting a seven-year high, following tension around the latest COVID-19 variant and Russian pressure on Ukraine.
Prices for scrap PET containers increased by about 10% this month, and the decline in natural HDPE values leveled off.
HDPE bale prices have continued to collapse from their record highs, with natural HDPE down 26% and color HDPE down 33% this month.
Post-consumer plastic values are down nearly across-the-board this month, with materials recovery facilities reporting a particularly steep drop in HDPE pricing.
Waste Management operates 52 single-stream materials recovery facilities (MRFs), 30 commercial recycling plants, and various other recycling- and composting-related facilities. | Ken Wolter / Shutterstock
The largest North American hauler recovered significantly more plastic in 2020 compared with the prior year, the company recently reported. Waste Management also offered details on recent recycling investments and offered its outlook on domestic markets.
