Mixed-paper has hit an all-time price low, with each ton trading for just $5. Downward pricing has also been seen with other fibers, but plastics have shown increasingly strong values lately.
Mixed-paper has hit an all-time price low, with each ton trading for just $5. Downward pricing has also been seen with other fibers, but plastics have shown increasingly strong values lately.
Leaders from Waste Management and two giant consumers of recovered fiber last week detailed the variety of ways their operations have been impacted by recent import shifts in Asia. They also laid out some ideas to help lift material quality.
A recycled paper mill operator and packaging producer will be purchased by WestRock for $3.5 billion.
Update: China has filed its official contamination proposals with the World Trade Organization, and they list a 0.5 percent threshold for most recyclables, down from the 1 percent limit that was previously considered.
China will shift its planned threshold for contamination in scrap paper imports from 0.3 percent to 1 percent, seemingly in response to concerns the original proposed limit would be impossible to hit.
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Graphic Packaging closed its Santa Clara, Calif. recycled paperboard mill at the beginning of December, citing high costs and market volatility as contributing to the decision.