Category Archives: News

News

Gazelle Launches U.K. Self-service Kiosks for Recycling Phones

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Gazelle, the pioneer of reCommerce that has diverted more than 19 million phones and counting from entering landfill in the U.S., recently expanded internationally with the introduction of 18 new kiosks in the U.K. Based predominantly in supermarkets and shopping centers across London and the Midlands, with more installations planned in the near future, the […]

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U.S. Recovered Fiber Exports Soared 5% in 2018

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The full-year 2018 export figures published by the U.S. Census Bureau suggests modest increase in exports of recovered paper by the country. The exports by the U.S. companies totaled nearly 21.0 million short tons, higher by nearly 5% when compared with the exports of 20.1 million in 2017. The exports grew despite huge decline in […]

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U.S. Packaging Paper Shipments Declined Marginally in February

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The U.S. Packaging Papers & Specialty Packaging monthly report for February 2019 indicates that the country’s total packaging paper shipments declined marginally by 3.3% over the previous year. The year-to-date shipments remained flat when compared with 2018. The inventories registered 3.4% decline over the same month last year, whereas the operating rate declined from 91.3% […]

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Recycling Processing Services to Remain Dominant Through 2026

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Growing end user demand for a higher content of recycled plastic in bottles is expected to boost the growth of the plastic waste management market over the forecast period. Utilization of recycled content in packaging reduces the environmental footprint of the package and incentivizes recycling. Various brand owners have shown strong commitment towards utilizing post-consumer […]

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DMCC Meet to Focus on Unlocking Growth in Precious Metals

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The Dubai Multi Commodities Centre (DMCC) has announced 8th edition of its Dubai Precious Metals Conference (DPMC) to be held Thursday, 11th April, 2019 at the Atlantis, The Palm in Dubai. The conference will feature industry experts from around the world, analyzing key factors that contribute to shaping of the modern precious metals market. Ahmed […]

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2019 Sees Increase in State Bottle Bill Proposals

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So far in 2019, at least six states have proposed bottle bills to ramp up efforts to recycle beverage containers. Bills currently have been proposed in Arkansas, Florida, Illinois, New Jersey, Tennessee and West Virginia. According to a Recycling Today report, Susan Collins, executive director of the Container Recycling Institute, said although lawmakers propose bottle […]

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Australian Newcrest Mining Acquires Major Stake in Red Chris, B.C. Copper-Gold Mine

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Melbourne-based Newcrest Mining-Australia’s leading gold producer has announced acquisition of majority stake in Imperial Metals’ Red Chris copper and gold mine located in the province of British Colombia, Canada. The deal is subject to customary closing conditions including regulatory approvals and is expected to be completed in Q3 this year. Newcrest will pay USD 806.5 […]

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U.S. Aluminum Scrap Exports Rose Substantially

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The latest U.S. Census Bureau data suggests notable jump in aluminum scrap exports by the country during the previous year. The exports totaled $2.47 billion during 2018, significantly higher by 9.85% when matched with 2017. The country’s exports of aluminum scrap had totaled only $2.25 billion in 2017. Also, the monthly exports by value totaled […]

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U.S. Exports of Plastic Scrap Plummeted 30%

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The latest U.S. Census Bureau data suggests notable decline in exports of plastic waste and scrap by the country in 2018. The exports tumbled by 29.58% from $632.88 million in 2017 to $445.55 million in 2018. The top destination of export was neighboring Canada. The exports to that country totaled $69.08 million during the year, […]

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Surge in LME Aluminum Price Lifted Rusal’s Revenue by 3.1% in 2018

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Rusal- the leading global aluminum producer announced results for the full year ended 31 December, 2018. According to company press release, the profits for the year surged higher by 39% over the prior year in 2018 to total $1.698 billion. The company’s profit in 2017 was $1.222 billion. Also, the revenue reported growth of 3.1% […]

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