The coronavirus pandemic has piled on top of existing plastics recycling market strife to cause pricing fluctuations and create uncertainty about how end users will meet their sustainability commitments.
The coronavirus pandemic has piled on top of existing plastics recycling market strife to cause pricing fluctuations and create uncertainty about how end users will meet their sustainability commitments.
Readers last month were drawn to stories explaining how the coronavirus has wreaked havoc on recyclables supply chains.
A handful of municipalities have reinstated curbside recycling programs that were suspended due to the coronavirus. Still, dozens of others that curtailed service remain shut down.
Circulate Capital invested $6 million in plastics recycling companies in India and Indonesia, the brand-backed firm’s first outlay designed to prevent marine plastics.
Recycling programs are reporting greater residential recycling generation in March, concurrent with stay-at-home orders issued nationwide. Stakeholders involved with local programs are also noting the shift away from commercial generation may carry major financial implications. Continue Reading
Recycling companies across the country are applying to a federal assistance program to help them overcome cash-flow problems sparked by the coronavirus. Some have been successful, but others are running into banking complexities and tapped-out funding.
California and Oregon recently reported lower statewide diversion rates, a trend that’s been ongoing for multiple years in both states.
As the coronavirus impacts continue throughout the U.S., manufacturers are highlighting the importance of curbside recycling as a feedstock supply channel. Meanwhile, processors are seeing changes in demand for their material as consumer spending shifts.
The coronavirus pandemic has made clear the importance of having a contingency plan when the unexpected strikes recycling programs. A new tool helps municipalities develop such guidance.