Major brands, nonprofit organizations and industry groups will raise $150 million to boost the collection and recycling of plastics that may otherwise become marine debris.
Major brands, nonprofit organizations and industry groups will raise $150 million to boost the collection and recycling of plastics that may otherwise become marine debris.
For Sonoco Recycling, which collects, sorts, and sells recycled materials, China’s imports restrictions have particularly stung in one area: mixed-paper bales.
When it made landfall on Aug. 25, Hurricane Harvey became the wettest tropical cyclone to ever hit the U.S., dumping more than five feet of water on Houston. The resulting floods have impacted the recycling industry in multiple ways, driving up prices for virgin plastics, hampering freight systems and halting curbside collections.
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.
California lawmakers have sent the governor a bill mandating that carpet stewards achieve a 24 percent recycling rate and discouraging the use of incineration. Meanwhile, carpet makers are sticking with their beleaguered stewardship group, instead of submitting alternative collection and recycling plans.
Anti-incineration activists have released a report criticizing efforts to burn waste in the U.S., calling them misguided attempts to achieve sustainability.
Recycling processors report that early September pricing for recovered plastic and aluminum packaging rose slightly over August levels.
Chinese authorities have released more specifics about which materials are likely to be affected by a proposed import ban on recovered materials. The action is expected to be implemented at the end of this year.
A bale of plastics No. 3-7. Source: Association of Plastic Recyclers.
The idling of a Baltimore-area plastic recovery facility is the kind of slowdown that’s expected in an innovative project showcasing a still-developing business model, according to a financial backer.
RES Polyflow’s Michael Dungan says fluctuating oil prices and developments in Asia will continue to affect pyrolysis companies, but he thinks a bigger issue may be a regulatory landscape that he believes is dated and detrimental to technology adoption.