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.
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.
More than 130 paper recycling executives convened in New Orleans last week to consider how to possibly rejigger bale specifications to better reflect current market conditions.
Ontario lawmakers last week passed a bill mandating producers to pay the full costs of recycling printed paper and packaging. However, many specifics of the recovery system, which will target a wide range of plastic products, have yet to be determined.
Paper recycling hit new heights last year, according to the latest data from the American Forest & Paper Association.
Apple says it is taking steps to boost its internal recycling efforts after the diversion rate at the company’s non-manufacturing sites fell for the second year in a row.
Pratt Industries, which makes paper and packaging from 100 percent recycled materials, last week held a ribbon-cutting ceremony for its latest mill.
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.