The value of recovered packaging is flat to up as the new year begins.
The value of recovered packaging is flat to up as the new year begins.
Data from the sale of recyclable plastic bottles and aluminum cans in early December suggest the value of recovered packaging will end the year in a slightly weak position.
Experts predict large-format lithium-ion batteries will show up more regularly in the waste stream in the coming years as their use grows in vehicles. A Canadian company is looking at the trend as an opportunity.
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Real Alloy, which runs 15 sites in the U.S., has filed for Chapter 11 bankruptcy, seeking to continue operating as usual while it works to restructure and cut costs.
The U.S. UBC recycling rate declined to 49.4 percent in 2016, its lowest level in years.
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.
Real Alloy is restarting an idled aluminum recycling plant in Kentucky because of increased customer demand and a new contract.
Recycling processors report that early September pricing for recovered plastic and aluminum packaging rose slightly over August levels.
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.
As the weather heats up, sellers of recovered plastic and aluminum packaging are seeing flat to weaker pricing for their bales.