Pratt Industries and Kentucky state officials on July 29 announced the company will build its sixth 100% recycled paper mill in the U.S. The project will break ground next year and is slated to start up in fall 2023.
Leaders at Smart Planet Technologies, which produces a coating that minimizes contamination during the fiber milling process, say they have seen adoption in several global regions. But several factors have limited U.S. growth.
A global report charting recovered fiber trends throughout 2019 found that packaging made up 86% of the end products made from the material. The study also examined fiber generation by region, international trade flows and more.
Crossroads Paper recently drew capital from an investment firm as it continues to develop a $320 million containerboard mill that would serve as a big buyer of recycled fiber in the western U.S.
Major recovered paper end users anticipate paying more for feedstock as 2021 progresses, according to recent statements from company executives. Mill operators also shared updates on their recycled fiber capacity expansions.
Recovered material exports were up in the first three months of 2021 compared with the prior year. India dominated the paper export market, and Canada brought in nearly a third of all exported plastic.