The news that China is aiming to roll out an outright ban on some grades of recovered material jolted the U.S. recycling industry last month.
The news that China is aiming to roll out an outright ban on some grades of recovered material jolted the U.S. recycling industry last month.
Pricing boosts continue to drive recycling revenues for North America’s three largest haulers. Meanwhile, company executives say they don’t expect China’s announced ban on certain scrap imports to inflict too much financial pain.
Paper industry experts are saying recent statistics indicate China’s paperboard and paper producers are playing a lesser role in the global fiber recycling market.
A coalition of public and private partners have formed the Ontario Circular Economy Innovation Lab (CEIL), an effort to coordinate recycling and packaging stakeholders.
Why are paper recycling prices at near-record levels? The answer boils down to uncertainties in the Chinese market and strong demand at home.
The national average price of post-consumer PET beverage bottles has been rising steadily since January. On Jan. 3, the national average price was 10.8 cents per pound and has moved up 39.8 percent to the current 15.1 cents per pound.
This story originally appeared in the November 2015 issue of Resource Recycling.
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WestRock Co. has agreed to purchase recycled fiber company SP Fiber Holdings, continuing a recent spate of paper industry mergers and consolidations.
Due to a combination of longtime flouting of contamination levels in paper bales being sold and shipped to Chinese consumers and internal economic and political pressures in the country, those same bales are increasingly being rejected by Chinese customs inspectors.
A bill introduced in Ontario would implement full extended producer responsibility for paper and packaging products as the province pushes to increase diversion rates and combat climate change.