OCC has traded for consistently lower prices each month this year. | create jobs 51/Shutterstock
Executives from paper manufacturers that consume major tonnages of OCC and mixed paper recently offered their thoughts on where the recycled-material market is headed.
Jenna Jambeck was the keynote at this year’s Resource Recycling Conference and Trade Show, held in late summer. | Resource Recycling Conference/Brian Adams Photography
The statistic has taken on almost household familiarity: 91% of plastic ever created has not been recycled, and a massive amount has become litter. Jenna Jambeck, a researcher who helped formulate that number, recently spoke about solutions to the pollution problem.
Among the bills Governor Newsom signed is one which prohibits hotels from providing plastic single-use shampoo, conditioner and lotion bottles. | Susanne Pommer/Shutterstock
California Gov. Gavin Newsom vetoed legislation forcing beverage companies to use increasingly higher percentages of recycled plastic in coming years, but he signed other bills of consequence.
UBQ currently operates in Israel but is eyeing Virginia as a possible location for a large-scale facility. | Courtesy of UBQ Materials
A nascent company that makes a composite material from the non-recycled waste stream is looking to site a processing plant in the U.S.
Prices for recovered papers and HDPE have taken a beating over the past month, although aluminum and PET values have been more stable.
Trade data shows the U.S. has exported 4.2 million short tons of recovered fiber to China from January through August this year. | apiguide/Shutterstock
China continues to import a substantial amount of OCC from the U.S. and elsewhere. But an all-out ban and other regulatory changes loom on the horizon.
The CorrVentures mill in N.Y. projects to consume some 330,000 tons per year of mixed paper and OCC. | sylv1rob1/Shutterstock
Developers of a recycled paper mill in New York have released new feedstock and financial figures for the project.
Most of TerraCycle’s revenue comes from four separate operating segments. | Poungsaed Studio/Shutterstock
A company that focuses on hard-to-recycle materials says new partnerships with brand owners and increased sales of mail-in recycling boxes drove better financial results during the first half of 2019.
Pepsico has a 25% recycled content goal for the company’s plastic packaging. | LuqmanLutfi Photography/Shutterstock
It’s clear the current recycling system can’t deliver sufficient resin for brand owners to hit their increasingly ambitious recycled-content goals. A PepsiCo executive recently discussed that supply gap.
An ISRI commissioned study found that the U.S. recycling industry directly or indirectly supports nearly 532,000 jobs. | priscilla list/Shutterstock
A recently released study estimates the U.S. recycling industry will have a nearly $110 billion economic impact this year. That’s about 6% lower than the number from two years ago.