One report indicates that buyers in China are desperately seeking domestic sources of recovered paper. Meanwhile, low-value plastics are flooding the European market, but processors there have limited ability to handle those loads.
One report indicates that buyers in China are desperately seeking domestic sources of recovered paper. Meanwhile, low-value plastics are flooding the European market, but processors there have limited ability to handle those loads.
DJ VanDeusen of WestRock speaks at the Resource Recycling Conference.
Some of the key recovered commodities generated by materials recovery facilities have been fetching high prices lately, including aluminum and fibers. But China’s import restrictions have introduced an element of the unknown in the market.
Recycling processors report that early September pricing for recovered plastic and aluminum packaging rose slightly over August levels.
A joint-venture plastics recovery facility in Maryland will end operations in the coming days, citing challenges in the post-consumer plastics industry and pointing to a need to upgrade its equipment.
Aluminum rolling and recycling company Novelis saw its revenue during the April-June period rise 16 percent year over year, an increase driven by higher sales volumes and metal prices.
A group that leverages corporate dollars to improve municipal recycling has backed a Pennsylvania glass aggregate manufacturer, part of an effort to bolster buyers of curbside recyclables.
Pricing boosts continue to drive recycling revenues for North America’s three largest haulers. Meanwhile, company executives say they don’t expect China’s announced ban on certain scrap imports to inflict too much financial pain.
Early reports from auctions of recyclable plastic and aluminum packaging for August show some prices moving up slightly, while others fell back.
Chinese authorities have announced the country will prohibit some grades of recovered paper and plastic from being imported by the end of 2017. One U.S. group said that action would have a “devastating impact” on the wider recycling sector.
A Canadian city brings in nearly $10 million through sales of recyclables, and a community attempts to educate residents to cut down on its costly contamination problem.
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