GFL is one of several major waste and recycling haulers that recently reported quarterly results.| Advantage Photography / Shutterstock
Markedly higher commodity prices continue to provide big year-over-year boosts in revenue for the largest publicly traded haulers in North America.
Sellers of recyclable materials have continued to enjoy strong markets, with virtually all grades of curbside fiber, plastics and metals seeing value boosts from June to July.
The Crossroads plans call for a 350,000-tons-per-year containerboard mill that uses 100% old corrugated containers (OCC) and mixed paper. | Pakorn Jarujittipun / Shutterstock
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.
Prices for curbside recyclables have surged across the board, with OCC and mixed paper values increasing sharply and natural HDPE crossing the $1 threshold for the first time.
Recovered fiber end users detailed the impacts of rising OCC prices in their quarterly reports. | BAO Images Bildaentur / Shutterstock
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.
EFS-plastics described how virgin resin pricing and other factors are impacting the recycling sector. | Ann Moore / Shutterstock
The mixed-plastics processing sector is seeing supply challenges from product labeling changes and could be significantly disrupted by chemical recycling initiatives, according to one plastics processor.
Waste Management’s recycling business revenues came in at $342 million during the first quarter, up 35% year over year. | 2p2play / Shutterstock
Higher commodity prices drove year-over-year recycling revenue increases for North America’s largest garbage and recycling companies.
Prices for curbside plastic bales shot up over the past month, with PET bottles jumping by nearly one-third and natural HDPE notching another record.
Grants will help fund glass recycling and many other materials recovery efforts in California. | safakcakir / Shutterstock
Over $10 million in cap-and-trade program dollars have been awarded to California companies that recover PET, glass and textiles.
MRFs are enjoying higher prices for scrap paper, plastic and metal bales this month, with notable increases for OCC, PET and HDPE.