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News

Greenpeace Report Condemns U.S. Retailers for Poor Rate of Elimination of Single-Use Plastics

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The new report published by Greenpeace states that U.S. grocery retailers have effectively failed to reduce the distribution of throwaway plastic bags, which are identified as the primary cause for marine litter. The report titled ‘Packaging Away the Planet’ provides detailed analysis of efforts undertaken by 20 of the largest U.S. grocery retailers in eliminating […]

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Technology Emerges to Tackle Hard-to-Recycle Plastics

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Feedstock recycling has become more globally applicable with places like the U.K. and U.S. looking at emerging technologies to recycle plastics. Recycling Technologies, a specialist recycling company based in Swindon, England, recently announced a mixed plastics recycling initiative with major British retailer Tesco using its feedstock recycling process. The Recycling Technologies RT7000 machine is able […]

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U.S. Exports of Precious Metal Scrap Dropped 5%

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The latest U.S. Census Bureau data points to 5% decline in the country’s exports of precious metal scrap during the first four months of 2019. The exports were down by 4.62% from $1.57 billion in Jan-Apr ’18 to $1.5 billion during the corresponding four-month period this year. Canada continued to remain as the top trade […]

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GJEPC Calls For Significant Reduction in Gold Import Duty

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The Gems and Jewellery Export promotion Council (GJEPC) put forward various demands before the newly elected government in India. The proposals were presented during the pre-budget consultations held by the Finance Minister with the Council leaders in Delhi. The meeting was attended by Anurag Thakur, Minister of State for Finance and Corporate Affairs and other […]

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FPA Connects Informal Scrap Collectors to Global Plastics Chain

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The recently launched Italy-based Fair Plastic Alliance (FPA) aims to redefine global plastic collection efforts by integrating informal scrap collectors to the global chain of plastic packaging and recycling companies. The alliance vows to create improved working conditions for informal collectors, mainly in emerging countries. The members of the alliance in various countries focus on […]

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U.S. Reports Substantial Drop in Scrap Iron and Steel Exports

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The U.S. exports of scrap iron and steel registered huge decline during the initial four-month period of the current year. The exports dropped by nearly 21% to total $2.02 billion during this period. This compares with the exports that were valued at $1.59 during Jan-Apr ’18. The monthly exports were valued at $454.43 million in […]

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Gold Imports Recorded 49% Surge in India

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India’s gold imports surged in May this year, mainly boosted by festive demand. As per government sources, the country imported 116 tonnes of the precious metal during the month, significantly higher by 49% hwne matched with the imports during the corresponding month a year before. The country’s gold imports had totaled only 78 tonnes in […]

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Assets of Schneider’s Iron & Metal Acquired by Alter Trading

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St. Lious, Missouri-headquartered Alter Trading Corporation announced that it has purchased substantially all of the assets of Schneider’s Iron & Metal, Inc.- a leading scrap metal processor based in Kingsford, Michigan. With this acquisition, Alter Trading has expanded its footprints into Michigan. The transaction came to a close in May 31, 2019, said the press […]

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Proposed Bill in North Carolina Would Give Lawmakers Power to Dump Toxic Electronics in Landfills

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A provision in the proposed Regulatory Reform bill would give cities in North Carolina the ability to bypass the state-wide ban on electronic products in landfills. These electronics include older “tube TVs,” a product becoming widely unused in America and are frequently discarded. CRT television sets contain cathode ray tubes and a wide variety of […]

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West Fraser B.C. Sawmills Announce Temporary Production Curtailment

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West Fraser announced temporary production curtailments at five British Columbia sawmills. According to company press release, all mill activities will be suspended for a period of one week at the following B.C. area sawmills- Chetwynd, Quesnel, Williams Lake, Smithers and Fraser Lake. West Fraser cited weak global lumber prices and escalated log costs as the […]

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