About 85 percent of mixed paper and OCC exported out of California has been bound for China in recent years, and as the Asian behemoth closes its doors to some of those imports, the state’s recycling industry is feeling the hit.
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About 85 percent of mixed paper and OCC exported out of California has been bound for China in recent years, and as the Asian behemoth closes its doors to some of those imports, the state’s recycling industry is feeling the hit.
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For North America’s largest garbage and recycling companies, 2017 overall was a good year in recycling. That being said, the fourth quarter was a bad one for the industry.
Our monthly markets update shows OCC is still selling at record levels, and other fiber grades have seen notable upticks. Plastics is more of a mixed big, however.
Amid market disruption from China’s import restrictions, Republic Services continued to realize recycling revenue gains last year.