Already pummeled fiber prices have continued to fall further, with OCC now trading at around $32 per ton.
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Already pummeled fiber prices have continued to fall further, with OCC now trading at around $32 per ton.
Recovered fiber end users continue to experience impacts from fluctuating recycling markets, which they discussed in their recent earnings calls. Stakeholders also speculated on the future of fiber exports to Asia.
Consumption of U.S. recovered fiber versus overall finished paper products sold into the market hit a record high percentage in 2018. An industry group explained the increase, which came amid market challenges.
Lower scrap aluminum prices helped improve profitability for aluminum rolling and recycling company Novelis last year.
By charging fees, Casella Waste Systems enjoyed year-over-year boosts in recycling revenue during the first quarter. The move blunted persistent market pain that’s been keenly felt by the company’s peers.
As recovered fiber prices continue to fall, so have recycling revenues for North America’s largest garbage and recycling companies.
GreenBlue’s Laura Thompson presents at SPC Impact.
Hundreds of packaging stakeholders came together in early April in Seattle to talk sustainability. And recycling factored into the conversation in a number of ways.
In response to fiber market conditions, a manufacturer has started mixing OCC and white recovered papers together to create a cheaper line of tissue products.
Chris Cui on stage at the 2019 Plastics Recycling Conference and Trade Show.
Although the recycling relationship between the U.S. and China was hampered by scrap material restrictions, an expert says companies in both countries can help each other.