Recovered fiber and aluminum prices have taken a beating over the past month, but a key plastic grade, PET, has shown stability.
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Recovered fiber and aluminum prices have taken a beating over the past month, but a key plastic grade, PET, has shown stability.
Disruptions in global recycling markets continued to hurt recycling revenues for Waste Management and Republic Services. Meanwhile, both companies mitigated the pain by charging customers new recycling fees.
Jim Fish, CEO of Waste Management, speaks at the company’s annual sustainability forum.
Waste Management invested millions of dollars into recycling in 2018, and the year to come will bring the company’s “largest residential recycling investment” to date, company leaders said.
Ardagh Group will cease production at a glass bottle factory in Illinois, but the move isn’t expected to cripple glass recycling in the region.
Used beverage cans, historically a reliable and valuable commodity, have seen recent price lows that are adding extra strife to already stressed residential recycling markets.
A company that uses recovered glass to create construction materials is doubling capacity at its Pennsylvania aggregate manufacturing plant.
Envision Plastics has had success integrating marine plastics into the supply chain. But if more brand owners don’t step up to purchase the material, the whole effort may have to scale back, an executive at the reclaimer said.
Prices for post-consumer papers and plastics have shown stability over the past month, but cash fetched for aluminum has continued to slide.
Our monthly look at values for common post-consumer materials shows steadiness in plastics and rises in fiber, with some particularly notable jumps seen in old corrugated containers.
