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Low virgin plastics pricing pinches recycling market ...

 · An industry analyst recently noted that low virgin resin pricing means challenges for ensuring end users choose to use recycled plastic. | batuhan taskinkaya/Shutterstock The coronavirus pandemic has piled on top of existing plastics recycling market strife to cause pricing fluctuations and create uncertainty about how end users will meet their ...

Low Oil Prices Interfere With What Recyclers Are Paid For ...

 · Low Oil Prices Interfere With What Recyclers Are Paid For Plastic The price of oil has been on a downward dive for a couple of years. This has …

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Market data service begins tracking PET bale prices ...

 · Meanwhile, virgin plastic prices have plummeted because of lower oil prices, a product of the price war between Russia and OPEC. On March 25, for example, imported and domestic prime PET was 43 cents per pound and 50 cents per pound, respectively, their lowest prices since S&P Global Platts started tracking them in 2006.

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Exploring the interplay of virgin and recycled plastic ...

 · Last year, demand for PE was tremendous in the U.S., driven by the low price of plastic, strong overall GDP growth, Made in America campaigns and tariffs supporting domestic converters, a strong pipe market because of oil investments, Hurricane Harvey driving demand for pipes, improved PE competitiveness versus PET and PP and the federal tax ...

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Recycling Equipment Manufacturers and Companies

In recycling facilities, recovered materials are put into a baling machine after being sorted. This way, entire bales of plastic or metal can be shipped to manufacturers to be melted down and reused for brand new products. Some baling machines even come with the added feature of moisture extraction to remove residue that may be leftover.

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Plastics Recycling Update - Plastics Recycling Update

The North American plastics recycling sector is poised to add over 1 billion pounds of annual capacity, according to a group charting processing growth. The plan to strengthen plastics recovery in Texas. A coalition of industry stakeholders will invest in recycling improvements in the Dallas-Fort Worth area, anticipating the projects will ...

The Complex and Frustrating Reality of Recycling Plastic

 · Mixed paper and plastics found to have more than 0.50 percent foreign material by weight are rejected, and barges are forced to return to the United States or ship their load to other ports, mostly elsewhere in Asia, where they are sold at a lower price. Relatively low oil prices make it cheaper to produce plastic from virgin material, further ...