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PET collection is lagging behind recycled resin demand by more than 1 billion pounds per year, according to a new study. | Resource Recycling file photo.
The current recycling system is insufficient, according to a report from The Recycling Partnership. But several key initiatives – and $500 million – can move the industry forward.
California is aiming to recoup more than $14 million in funds it says 12 companies, including a subsidiary of Waste Management, owe the state’s container deposit program.
The California legislature passed a bill requiring beverage companies to publicly report the amount of post-consumer PET they use. And a separate piece of legislation sent to the governor extends a plastics-recycling subsidy programs for one year.
Recovered materials processors have received a little holiday cheer. The value of most recyclables moved higher at the start of this month.
The growing smiles you see among recycling collectors and processors are because of continuing market improvement.
The past few months have seen significant upticks in the value of recovered materials.
The value of curbside-collected paper and steel is down slightly at the start of April, though some plastics have experienced boosts.
As May begins, recovered HDPE bale prices have slid, making operators of packaging sorting plants a bit glum.
Photo credit: Revolution Plastics
A free service collecting LDPE films commonly used on farms recently kicked off in central Minnesota, the latest expansion for a growing ag-oriented project.