In light of last year’s high, bale prices in recent months look especially bleak. | Huguette Roe/Shutterstock
Northeastern U.S. MRFs reported their recyclables bales fetched an average of $100 per ton during the third quarter, a steep drop from the prior quarter. Continue Reading
Company leaders said during recent investor calls they expect fourth-quarter 2022 recyclables values to be far below third-quarter figures. | David Tonelson/Shutterstock
Plummeting recyclables prices took a bite out of the largest haulers’ revenues during the third quarter, and executives foresee worse prices to come.
Nationwide PET reclaimer Evergreen has installed advanced sorting equipment at its Riverside, Calif. facility over the past year. | Courtesy of Google Maps
Two reclaimers have recently made or are planning multi-million-dollar upgrades at their California PET recycling facilities. The following are details on the projects by Evergreen and Peninsula Plastics Recycling.
The Bureau of International Recycling says recycling companies in Europe and elsewhere are struggling with high energy prices. | Hanna Taniukevich/Shutterstock
An international group is sounding an alarm for help for the recycling industry amid high costs, particularly for energy. Continue Reading
California’s plastic quality incentive payment (QIP) program offers $180 per ton for clean PET bales. | MarieKaz/Shutterstock
California last year started a unique program of providing cash payments to MRFs that produce ultra-clean PET bottle bales. Recently released data suggest the payments aren’t juicy enough morsels.
Contamination, including a lot of rigid and film plastic, falling from NORPAC’s new drum pulper, which recycles OCC and mixed paper.
| Jared Paben/Resource Recycling, Inc.
T-Mobile USA alleges Belmont Trading owes it millions of dollars in revenue from the sales of T-Mobile’s reusable and end-of-life devices. | DCStockPhotography/Shutterstock
One of the largest wireless carriers in the country filed suit against its mobile phone resale and recycling vendor, claiming it has been shortchanged $6.6 million.
LyondellBasell will chemically recycle scrap plastic feedstock produced by the Cyclyx sorting facility in Houston. Pictured are LyondellBasell’s crackers at its Channelview, Texas complex, which is near Houston. | Courtesy of LyondellBasell
Global plastics producers will invest about $100 million in a plastic scrap sorting facility to generate feedstock for both mechanical and chemical recycling processes.
Recovery facilities in California face a number of changes in the wake of legislative updates. | gavrilhurgoi/Shutterstock
Amid a flurry of bills at the end of California’s legislative session, lawmakers passed $1.3 billion in recycling spending and made a number of key policy changes. A recent webinar hinted at what the changes may mean for MRFs.