Waste Connections recycling revenues more than doubled in the second quarter, driven by higher recovered material prices and volumes.
Waste Connections recycling revenues more than doubled in the second quarter, driven by higher recovered material prices and volumes.
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.
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.
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.
Higher commodity prices drove year-over-year recycling revenue increases for North America’s largest garbage and recycling companies.
Over $10 million in cap-and-trade program dollars have been awarded to California companies that recover PET, glass and textiles.