News from Recycling Today
The event’s opening session will focus on import restrictions being initiated in China. China’s Ministry of the Environment (MEP), China Customs and other central government agencies have undertaken facility inspections and issued directives in 2017 that have played a dominant role in demand for and pricing of many plastic and paper scrap grades. China’s government actions are poised to remain a critical influence for the rest of this decade.
The Tuesday morning, Nov. 7, opening session is titled “Gateways and Barriers: The Export Situation I” and will include a presentation created by Steve Wong, chairman of the Hong Kong-based Fukutomi Company and president of the China Scrap Plastics Association (CSPA). The presentation, to be made by Brian Taylor of the Recycling Today Media Group, has been designed to present the latest information gathered by the CSPA on China’s plastic scrap import situation.
Also presenting at the opening session are Craig Robinson, the purchasing director of Cycle Link UK, and Thijs Cox of Netherland-based Ciparo BV, each of whom has considerable experiencing trading scrap materials between Europe and China.
The conference’s second session, “Gateways and Barriers: The Export Situation II,” has been designed to offer updates on smaller but growing scrap paper and plastic trading partners in Asia, including the Indian subcontinent and the ASEAN (Association of Southeast Asian Nations) region, which includes Indonesia, Malaysia, Thailand and Vietnam.
Another Tuesday, Nov. 7 session, “Getting on Board,” will look at aggressive recycling goals in the European Union and individual nations in Europe, and how recyclers, corporate stakeholders, brand owners and their trade organizations are responding to the directives and mandates.
The following session, “A Revving Engine,” offers a closer look at Eastern and Central Europe (including host nation Poland), and how and to what extent the growing manufacturing sector in those regions creates opportunities for paper and plastic recyclers.
Two materials-specific sessions—one for paper and the other for plastic—on Wednesday, Nov. 8, will allow presenters to focus more narrowly on the dynamics in the scrap paper and plastic markets.
The paper session will look at Europe’s mill capacity situation as well as the growing dominance of packaging grades to the overall health of the sector. The session “Plastic’s Bright Future (and Dark Cloud)” will examine plastic’s continued growth as a basic material, but also its status as a target of environmental scrutiny in Europe and elsewhere—largely because of its unwelcome waste presence.
Speakers on all topics have been lined up by the conference’s organizers, and include representatives from companies with a major presence in Europe’s and Asia’s recycling industry, including:
- Smurfit-Kappa Group, Ireland
- Paprec Group, France
- Hamburger Recycling, Austria
- Polski Recycling Association, Poland
- CycleLink UK, United Kingdom
- Gemini Corporation, Belgium
- Asia Pacific Pulp & Paper, Indonesia
- Victory Creations/Paperworks, India
- Nextek, United Kingdom
- Ciparo BV, Netherlands
- RPC BPI Group, United Kingdom
- Moore & Associates, United States
- Steinert, Germany
- Pöyry Management Consulting, United Kingdom
- Bin-e, Poland
- Recycling Technologies, United Kingdom
- Kühne + Nagel KG, Germany; and
- Vipa Lausanne, Switzerland.
More information on the event’s other sessions, as well as information on how to register, can be found here. For those who miss the online registration deadline, onsite registration will be offered at the event on Nov. 7 and 8.]]>
An online article credited to Reuters reports that Aurubis CEO Jürgen Schachler, when speaking at an LME Week event in London in late October 2017, said the company has been able to accumulate the sizable acquisition “war chest” thanks to its low debt level and sound corporate management.
Speaking during a panel discussion, Schachler reportedly said Aurubis had “lots of fire power” and was looking in Europe and South America for transactions that make sense. He indicated the United States market also was in play, since Aurubis is familiar with that market and there is room to add capacity in the secondary copper production sector in the U.S.
In its “Vision 2025” strategic plan, which Aurubis unveiled in March 2017, the company indicated one of the expansion plans it was researching involved branching into the production of metals other than copper. “Copper has always been our main area of expertise, and it will remain a central metal of the Aurubis Group,” said Schachler when introducing Vision 2025. “But we are capable of more: gold and silver, nickel, selenium and other metals have been an established component of our portfolio for a long time now. We are pursuing the next logical step, from a copper producer to a multi-metal producer, and will broaden our position in this direction.”
Aurubis currently operates several scrap-to-finished copper smelting and refining facilities, including one in Buffalo, New York in the U.S. The rest are in Europe, located in Germany, Belgium, Bulgaria, Finland, Italy, Netherlands, Slovakia, Sweden and the United Kingdom.
The more than 150-year-old company, when profiled by Recycling Today in 2016, employed about 6,300 people working from 20 production sites (predominantly in Europe) and eight sales offices in Asia. At that time, Aurubis was producing 1 million metric tons of copper cathodes annually while also recovering from scrap and producing silver, gold, sulfuric acid and iron silicate. The company also operates downstream copper production facilities that create continuous cast wire rod, shapes, rolled products and strip and specialty wire and profiles made of copper and copper alloys.
(Photograph: Copyright Aurubis.)]]>
With this addition, independent hauling and truck fleets will be offered discount pricing on new Michelin and BFGoodrich commercial tires and retreads. RubiconPro features fuel, equipment, financial, insurance and compliance benefits that previously were only available to the industry’s largest regional and national haulers and truck fleets.
The partnership with Rubicon Global, a leader in cloud-based waste and recycling services, also underscores Michelin’s own waste management priority—reducing the quantity of scrap rubber, textile plies and metallic plies used to manufacture tires that are sent to landfills, according to the company.
“Joining RubiconPro enables Michelin to ensure that small haulers receive the benefit of an attractive offer on our best tires for the waste industry, while also partnering with a company that shares our vision of reducing landfilled waste,” says Chris Mercer, truck segment operations manager, Michelin North America. “Since 2005, Michelin has reduced the weight of waste generated per ton of tires by 22 percent, and the weight of our landfilled waste has decreased by 72 percent.”
Michelin dealers across the United States can provide haulers and fleets with available discounts through RubiconPro.
Rubicon says its technology-driven waste and recycling model allows its network of more independent haulers to compete for customers of all sizes, operate more efficiently, and grow their businesses. The Georgia-headquartered company has offices in Lexington, Kentucky; New York City and San Francisco.]]>
GRC says it brings together stakeholders in the supply chain—glass manufacturers, haulers, processors, material recovery facilities (MRFs), capital markets, end markets and brands that use glass—to showcase their products to make glass recycling work.
NERC says it anticipates its involvement with GRC will help to inform and share its work with NERC’s new Glass Subcommittee. NERC’s Glass Subcommittee will be tasked with defining the primary glass recycling issues in the Northeast and identifying potential solutions.
“There is a lot of interest in supporting glass recycling in the Northeast. This sentiment was clearly expressed during NERC’s Glass Forum held in the Fall of 2015,” says NERC. “As a way to further the discussions and to possibly define a role that NERC might be able to play in promoting greater diversion of glass containers to the greatest value end uses, NERC has convened a Glass Subcommittee. The committee will be tasked with defining the primary issues in the region and identifying potential solutions. “
Members of NERC’s Glass Subcommittee include:
- Brenda Pulley, Keep America Beautiful;
- Brooke Nash, Massachusetts Department of Environmental Protection;
- Cathy Jamieson, Vermont Agency of Natural Resources;
- Chaz Miller, NERC board member;
- Chris Nelson, Connecticut Department of Energy & Environmental Protection;
- Curt Bucey, Strategic Materials;
- Doug Smith, Sony;
- Kayla Montanya, New York State Department of Environmental Conservation;
- Megan Pryor, Maine Department of Environmental Protection;
- Michael Foote, City of Reading, Pennsylvania;
- Natalie Starr, DSM Environmental Services;
- Ted Siegler, DSM Environmental Services ;
- Peter Schirk, BHS-Sonthofen;
- Ray Dube, Coca Cola Bottling of New England;
- Sarah Reeves, Chittenden Solid Waste District, Vermont; and
- Steve Changaris, National Waste & Recycling Association.
For more information about NERC’s work on glass, contact Mary Ann Remolador, NERC’s assistant director, by email at email@example.com.
NERC is a multistate nonprofit organization that that conducts research, projects, training and outreach on issues associated with source reduction, reuse, recycling, composting and environmentally preferable purchasing (EPP).]]>
Worcester Polytechnic Institute study looks at how auto recyclers affect Massachusetts' carbon footprint
“Our members are focused on recycling every day, but this is the first time we have verified the collective positive impact our industry has on the Massachusetts environment,” says Scott Robertson Jr., a director of ARM and a member of the Executive Committee of the Automotive Recyclers Association (ARA), Manassas, Virginia, which represents the industry globally. “We are fortunate to have the world-class expertise of WPI and the Metal Processing Institute here in Massachusetts to take on this analysis.”
The study, “Assessing the Environmental Impact of Automotive Recyclers of Massachusetts,” was sponsored by ARM and conducted independently by four WPI seniors as their major qualifying project to complete their degrees in mechanical engineering.
“What the automotive recyclers are doing is saving materials, saving energy and impacting the environment in a positive way, thus adding value to the economy of the state,” says Professor Brajendra Mishra, Ph.D., director of the Metal Processing Institute at WPI and advisor for the study.
Through site visits and a survey of ARM member companies, the WPI team examined operations at auto recycling facilities across Massachusetts and documented their processes for reclaiming auto parts, recycling metals and capturing fluids such oil, gasoline and antifreeze to process properly.
The study found an estimated 165,000 vehicles are recycled by ARM members in a typical year. The team calculated the energy saved by reusing auto parts from those vehicles, like engines and transmissions versus manufacturing new parts. They also calculated the energy saved by recycling the steel and aluminum left in the vehicles rather than mining ores and refining new metals. That analysis showed 2.2 million tons of the leading greenhouse gas, carbon dioxide (CO2), was saved by reducing the need to refine new materials and manufacture new auto parts.
By putting metals and useable parts back into the automotive supply chain, ARM companies help drive a circular economy in auto manufacturing, Mishra says. “We make a car. We use a car, and we completely recycle the car so the materials stay in the system, in a circle, and we want to do that for as long as we can.”
Fostering a circular economy across many industries is vital for the long-term sustainability of our society, Mishra adds. “The total primary resource available on the Earth is going down. The quality of these resources is going down. Whereas, with the increase in population, the demand for materials is increasing, so we have no other choice but to recycle these materials and put them back into the system,” he says.
The full study and a video interview with Mishra are available at http://bit.ly/2xzEjwf.]]>
Nucor Steel Memphis is the only steel mill in the world to earn Platinum certification, which represents excellence in process control, continuous improvement, product quality and delivery to Caterpillar, Nucor says.
"This recognition by Caterpillar is a testament to our team's commitment to continually improve how we serve our customers. I want to congratulate each member of the Nucor Steel Memphis team for their hard work and dedication," says John Ferriola, Chairman, CEO and president of Nucor.
Caterpillar created the SQEP to recognize suppliers that demonstrate a commitment to excellence and drive a "zero defects" culture within their organizations. Certification levels include bronze, silver, gold and platinum, listed in order of increasing difficulty. Suppliers are certified through SQEP by meeting or exceeding stringent supplier performance standards, such as product quality and shipping performance, which are measured over the course of a year by a cross-functional global team of Caterpillar experts in the areas of engineering, manufacturing, logistics and procurement.
This is the first invitation and certification from Caterpillar for the Nucor Steel Memphis team. Nucor says this mill has supplied Caterpillar with engineered long bar in carbon and alloy grades since 2010 for use in track links, sprocket segments, idlers, ground engaging tools, hammer bits, transmission parts, gears and pins.
Nucor and its affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Its products include carbon and alloy steel in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold-finished steel; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Co. (DJJ), Cincinnati, also brokers ferrous and nonferrous metals, pig iron and hot-briquetted iron and direct-reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap.]]>
For the three months ended Aug. 31, 2017, the loss from continuing operations was $32.7 million, or 28 cents per diluted share, on net sales of $1.3 billion compared with a loss from continuing operations of $2.1 million, or 2 cents per diluted share, on net sales of $1.1 billion for the three months ended Aug. 31, 2016. For the fiscal year ended Aug. 31, 2017, earnings from continuing operations were $32.6 million, or 27 cents per diluted share, on net sales of $4.6 billion. This compares with earnings from continuing operations of $57.9 million, or 50 cents per diluted share, on net sales of $4.2 billion for fiscal 2016.
Included in the loss from continuing operations for the three months ended Aug. 31, 2017, were net after-tax costs associated with the refinancing activities completed in the fourth quarter of $11.6 million, or 10 cents per diluted share, costs associated with the exit of the International Marketing and Distribution segment of $23.2 million, or 20 cents per diluted share, and severance costs of $5.3 million, or 5 cents per diluted share. Included in the results for the three months ended Aug. 31, 2016, were impairment charges on long-lived assets of $24.3 million, or 21 cents per diluted share.
Because of the sale of CMC Cometals, which was completed Aug. 31, 2017, the results of this division have been reflected as discontinued operations in all reported periods, CMC says. Included in the earnings from discontinued operations for the three months ended Aug. 31, 2017, is an after-tax loss on the sale of the CMC Cometals division of $4.5 million, or 4 cents per diluted share.
As of Aug. 31, 2017, cash and cash equivalents were $252.6 million and available credit and accounts receivable facilities were $490.6 million. Because of the refinancing of notes due in 2017 and 2018 during the most recent fiscal quarter, CMC says it has reduced its long-term debt by approximately $240 million since May 31, 2017, and has no significant debt maturities for the next five years. The company also is positioned to have reduced cash interest costs going forward in excess of $25 million per year.
CMC President and CEO Barbara Smith says, “The company took action during fiscal 2017 to reallocate capital to our core manufacturing operations and improve our financial profile. The refinancing activities have strengthened our balance sheet to provide lower debt service cost and extend our debt maturity profile. We made good progress regarding our decision to exit the International Marketing and Distribution segment in order to focus our resources on the attractive long product markets in the U.S. and Poland. The Polish operations are taking full advantage of the new furnace and caster investments to produce more and higher value merchant product, and, in the U.S., we look forward to the commissioning of our new micro mill in Durant, Oklahoma, which is scheduled to begin in our fiscal second quarter of 2018.”
Oct. 24, 2017, the board of directors of CMC declared a quarterly dividend of 12 cents per share of CMC common stock for stockholders of record as of Nov. 8, 2017. The dividend will be paid Nov. 22, 2017.
CMC says its Americas Recycling segment recorded adjusted operating profit of $2.9 million for the fourth quarter of fiscal 2017 compared with adjusted operating loss of $45.1 million for the fourth quarter of fiscal 2016. The loss in the fourth quarter of fiscal 2016 was largely because of a $38.9 million pretax impairment charge related to long-lived assets in our Americas Recycling segment. Shipments increased 37 percent in comparison to the same period of the prior year as flows through the yards remained strong and as a result of the seven recycling yards that were acquired earlier in fiscal 2017.
CMC’s Americas Mills segment recorded adjusted operating profit of $29.8 million for the fourth quarter of fiscal 2017 compared with an adjusted operating profit of $45 million for the fourth quarter of fiscal 2016. Despite strong long-steel demand which resulted in an 8 percent increase in shipments compared with the same period of the prior year, cost pressures squeezed margins during the quarter, CMC says.
The company’s Americas Fabrication segment recorded an adjusted operating loss of $4.9 million for the fourth quarter of fiscal 2017 compared with adjusted operating profit of $9.6 million for the fourth quarter of fiscal 2016. The decrease in adjusted operating profit for the fourth quarter of fiscal 2017 was because of a competitive fabrication market. CMC says this has resulted in newly awarded contracts being at lower selling prices than in the prior year despite also incurring higher steel input costs.
Its International Mill segment recorded adjusted operating profit of $14.6 million for the fourth quarter of fiscal 2017 compared with adjusted operating profit of $18.7 million for the fourth quarter of fiscal 2016. Despite the quarterly results being lower than the prior year, CMC says shipped volumes were 16 percent higher compared with the same period of the prior year while producing strong earnings throughout fiscal 2017. A strong construction market in conjunction with an expansion of higher margin merchant volumes were the main contributor to the results.
“Our outlook is somewhat different when we think about our U.S. operations compared to our Polish operations,” says Smith.
“Our outlook for demand from the U.S. nonresidential construction market remains quite positive in spite of a lack of movement on infrastructure stimulus. However, market conditions remain very challenging as a result of raw material price changes and escalating input costs,” she continues. “Metal margins remain under pressure due to the ongoing influx of dumped and subsidized imports. We saw a temporary pause in rebar imports after the announcement of the Section 232 review into the effect of imports on national security. However, recent data indicates another surge in rebar imports is on its way. We believe that no action taken by the current administration to address these unfair trade practices is likely to result in imports returning to their previous high levels, negatively impacting the industry’s operating results or potentially even imperiling the long-term viability of the U.S. steel industry.”
Smith adds, “Poland, however, provides a welcome contrast to the U.S. market. Poland and the E.U. have implemented trade measures necessary to provide a level playing field. This, coupled with the fact that there is good support and financial funding for infrastructure development provides a good demand outlook for our Polish operations.”]]>
Attendees will discuss a variety of topics:
- challenges of the circular economy;
- worldwide take-back schemes, quotas and challenges original equipment manufacturers face;
- the role of recycling in the achievement of the sustainable development goals;
- how countries and electronics manufacturing companies can close the recycling loop;
- recycling of critical raw materials;
- recycling of renewable energy equipment;
- innovation in recycling technologies;
- country reports;
- supply chain transparency;
- transportation safety standards;
- business opportunities and models in emerging markets;
- reuse and refurbishment data security;
- the standards, compliance regulations and controls that support or fail the industry; and
- recycling of hazardous components, such as batteries, lamps, LCD, mercury, etc.
The program also includes speakers such as economist David McWilliams and Jinhui Li, a professor and expert on the Chinese circular economy.
The event also includes an exhibition area with more than 60 booths, while cocktail receptions and a dinner facilitate networking with business partners, friends and competitors.
The congress will offer workshops titled Lithium Batteries Transport & Safety Issues and WEEE Recycling Prospects: State-of-the-Art Data on Stocks and Flows of (Waste) Electrical and Electronic Equipment, Components and Materials in the Urban Mine and plant tours of EAR – Elektronik-Altgeräte-Recycling, Montanwerke Brixlegg AG and Müller-Guttenbrunn, Metran and MBA Polymers Austria.
More information about this event organized by Swiss company ICM is available at www.icm.ch/ierc-2018.]]>
Plastic scrap imports into China will cease in 2018 as the country ramps up domestic collection and processing capabilities, said speakers in the Export: National Sword session at the 18th annual Paper & Plastics Recycling Conference, held Oct. 11-13 in Chicago.
In his presentation “Insight of National Sword Impacts,” speaker Steve Wong described China’s strong administrative power and growth over the last several decades. Wong is chairman of Hong Kong-based plastics recycling firm Fukutomi Co. Ltd., executive president of the China Scrap Plastic Association (CSPA) and a member of the Bureau of International Recycling (BIR) Plastics Committee and Waste Electrical and Electronic Equipment Committee.
“In China, the administrative power is strong compared to other countries,” Wong said.
With this power, China announced in August 2017 that some 24 types of materials will be prohibited from entering China starting in 2018, including several types of postconsumer plastic scrap, one grade of unsorted paper, several types of used textiles and metal slags containing vanadium. (Prior to this, in February 2017 China launched National Sword, a customs clearance program to fight against the smuggling of various items, such as solid waste, particularly from the plastics industry.)
The Aug. 16, 2017, announcement issued by the Ministry of Environmental Protection (MEP), the Ministry of Commerce, the Development and Reform Commission, the General Administration of Customs and the AQSIQ (General Administration of Quality Supervision, Inspection and Quarantine) is known as Announcement No. 39 of 2017. It spells out 24 scrap items that will move from being restricted to outright prohibited but leaves other types of scrap off that list.
Aug. 24 MEP released newly drafted limits on prohibitive materials in scrap shipments. The MEP draft proposes tightening the thresholds for “carried waste” (contaminants and prohibitives) to 0.3 percent for all scrap materials. The current level is 1.5 percent.
Wong recognized that there will be less quantity available and therefore less materials imported into China in 2018. He said a supply-demand imbalance situation will last for the foreseeable future. Over the next few years, Wong said a supply gap of more than 5 million tons in recycled plastic materials within China is anticipated.
One of the goals of the policy change in China is to raise the recovery and reuse of domestic solid waste and promote circular economy, Wong said.
A trend in the global recycling industry, Wong said he believes in recycling at the source. He predicted there will be more sorting done at the front end at material recovery facilities (MRFs). “More and more recyclers are setting up their plants for sorting,” Wong said.
He added, “With this government policy, what we need to look at is … evaluating what we can do. In plastic scrap, there’s more than 7 million tons imported into China.”
Some shipping companies stopped accepting loads of plastic scrap as early as August 2017, he said.
Imported plastic scrap has been used by Chinese manufacturers as raw material in their production processes for cost reasons and to reduce carbon emissions, Wong writes in the Fall 2017 issue of Plastics Recycling. “The use of imported plastic scrap also can help to balance the quantity and quality gaps that exist in the country’s domestic scrap supply,” Wong writes.
China boosting its investments in infrastructure is a “very good thing,” said speaker Billy Johnson, chief lobbyist, Institute of Scrap Recycling Industries (ISRI), Washington.
Johnson said, “[China is] trying to build up their own infrastructure. We think it’s a very good thing that China is looking into it.”
Johnson pointed out that the U.S. has been the largest exporter of scrap for many decades. 130 million metric tons of recyclables are processed in the U.S. annually, with one-third exported. The value of U.S. materials exported is $16.5 billion, Johnson said. In 2016, the U.S. recycling industry exported $5.6 billion of scrap to China.
“This gives an idea of why China is so important for recovered fiber; China is by far our most important market,” Johnson said.
He shared that ISRI has met with members of Congress on Capitol Hill to discuss the effects of China’s National Sword, import ban and proposed 0.3 percent limit. ISRI President Robin Wiener plans to meet with China’s President Xi in November, Johnson said.
While U.S. recyclers are really feeling the effects of China’s moves most recently, speaker Lai En said the policy is nothing new. En is president of Cycle Link International Holdings Ltd., one of the wholly owned subsidiaries of Anhui Shanying Paper Industry Co. Ltd., which is one of the largest industrial papermaking enterprises and packaging board manufacturers in China. The company is headquartered in Hong Kong.
The current supply chain in China is not sufficient, En said.
En said, “In 2013, [President] Xi said we need to change. The current policy isn’t a sudden one, it’s been there. To be honest, they did give enough time to prepare.”
In mid-October En said his company had not moved any material for nearly a month at that point due to a limited number of deal opportunities as a result of import licenses not being renewed.
Speakers shared that the delay in or total lack of reissuing import licenses in China has had lingering effects.
“It’s a difficult time,” En said. “Quality is getting worse and worse.”
With questionable quality, En said, people will pay for quality.
“Who will pay for the better quality? The end user,” En said.
The 2017 Paper & Plastics Recycling Conference was Oct. 11-13 in Chicago at the Chicago Marriott Downtown Magnificent Mile.]]>
New York City-based Closed Loop Partners (CLP) convened more than 100 leaders from across the supply chain and investment community at Google’s New York City headquarters Oct. 5, 2017, to discuss the opportunity to infuse more capital into circular supply chains, according to the organization’s “In the Loop” quarterly e-newsletter released Oct. 30. During the meeting, CLP offered insights from a recently completed Capital Landscape Study. CLP says it will work with these and other leaders to bring new capital into this sector to increase the impact of their efforts.
The study looked at recent trends in investment activity, unmet demand, near-term forecasts and projections to achieve a fully circular infrastructure by 2030, according to the summary report of the study. “Through a series of surveys, interview[s] and analyses of third-party data, we have gained several key insights about where capital is—and is not yet—flowing,” the summary states.
The study was based on data from more than 130 municipalities, 440 private companies and 260 investors as well as numerous experts that have advised CLP. Closed Loop Foundation conducted the study with support from the Goldman Sachs Center for Environmental Markets and Wells Fargo Foundation.
“In our experience deploying more than $30 million in loans and grants since 2015, we have often co-invested with other ‘concessionary’ sources, primarily public (e.g., state grant programs) and private philanthropy (e.g., The Recycling Partnership grants)," according to the study summary. "This type of capital is critical for creating more investable opportunities for mainstream investors."
The organization says it found more than $800 million of concessionary capital is going to recycling infrastructure and innovation. “Eighty percent comes from public sources supporting general operations for recycling infrastructure as it exists today. Unfortunately, very little of this can be considered “catalytic,” unless municipalities are increasing their ability to benefit from recycling revenue or avoid landfill costs.”
However, by persisting with a linear rather than a circular model, “We are missing a tremendous opportunity to unlock trillions in economic value and create a lasting positive impact on the environment,” the summary reads.
The study finds multiple benefits associated with building a circular supply chain:
- 30 million more households would have access to convenient recycling;
- 80 million tons of material would be recovered from residential single-stream recycling, a fourfold increase;
- CO2 equivalent emissions would be reduced by 250 million to 350 million metric tons;
- $7 billion in new revenue opportunities from recycling for cities and recyclers would be achieved;
- innovation in processing technologies and business models would occur; and
- circular manufacturing would generate $2 trillion in annual U.S. revenue.
The study found a number of barriers to further developing the circular economy:
- private capital lacks visibility across the system;
- a few players control the supply side;
- commodities markets are too volatile;
- capital seekers lack longer-term offtake agreements; and
- innovative technologies exist but are too early stage/unproven.
Carbios has developed an enzymatic biorecycling process for plastics that breaks down polymers to the basic components (monomers) originally used to create them. Once separated and purified, the monomers can be used again to create virgin plastic, without losing any value through the recycling process, according to the company.
L'OréaL and the other manufacturers in the consortium will benefit from the development of this innovation and will be first in line to receive the first available units. L'Oréal will use this new technology during the design phase for new packaging, thereby promoting the circular economy.
“L'Oréal has been committed to an ambitious sustainable packaging program for several years now,” says L'oréal Packaging & Development Vice President Philippe Thuvien. “We currently use up to 100-percent-recycled plastic for several different products. We've decided to go even further: with this innovative Carbios technology, L'Oréal is helping to make biorecycling available on an industrial scale. It's a wonderful opportunity to protect the environment, and this consortium will also help boost the circular economy."
Carbios CEO Jean-Claude Lumaret says, “We are proud to have cofounded this consortium with L'Oréal. Our enzyme technology provides a brand new solution for optimizing the performance and life cycle of plastics. L'Oréal's commitment to sustainable development helps drive innovation, and we are confident that other international companies will join the project in the coming months to help us initiate a major transition in the way we produce the plastic materials of tomorrow.”]]>
“Looking ahead, we have an exciting delivery plan for 2018,” says Matthew Chamberlain, CEO of the LME. “One key area of expansion is our battery metals offering. We already list copper, nickel, aluminum and cobalt contracts, but we’ll be working with the battery and electric vehicle industries over the coming months to deliver new contracts such as lithium and cobalt sulphate, to bring price risk management to this rapidly growing market.”
“We believe that our delivery program for 2018 will fulfill our objectives to maximize trading efficiency, bring greater user choice and fairness and, above all, to support the physical market,” says Adrian Farnham, the CEO of the LME Clear division of the LME.
The LME introduced fee reductions for short-dated carry trades on Oct. 1, 2017, with medium-dated carry fee reductions to be implemented starting Nov. 1, 2017. The LME says it also may change its OTC (over-the-counter) booking fee in early 2018.
Also in the first half of 2018, the LME says it is likely to expand its membership to include brokers, “which will assist the growth of new products and open up access to the LME market,” says the exchange.
The LME says it is preparing to “launch a larger number of contracts in the second half of 2018 than ever before,” with four product groups to be expanded:
- a set of regional hot-rolled coil (HRC) steel contracts are being planned for the LME’s ferrous product list;
- regional cash-settled aluminum premium contracts and alumina contracts will be added to the LME’s aluminum offerings;
- the LMEprecious product line will grow to include gold and silver options, with platinum and palladium futures to follow; and
- the LME also plans to add new chemical cobalt, lithium, and potentially a chemical nickel contract.
The LME, which is owned by Hong Kong Exchanges and Clearing Limited (HKEX), says it will “continue to engage with its members and users regarding the provision of a separate dealer-to-client platform,” and that its central electronic trading platform will be enhanced sometime before 2021.]]>
A late October 2017 news release from the Bowling Green Area Chamber of Commerce says the new site will be designed to “improve operations and efficiency of material flow and allow for much needed growth” for Southern Recycling.
On its website, Southern Recycling describes itself as a recycler of nonferrous and ferrous metals, including “shreddables,” and also of old corrugated containers (OCC), scrap paper and several types of plastic.
In addition to site development, the $6 million being invested in the new location will go toward “installing state-of-the-art scrap processing equipment and facilities, which will improve operations and efficiency of material flow,” according to the press release.
Although the majority of the funding will be supplied by Southern Recycling and Houchens Industries, in late October the board of the Kentucky Economic Development Finance Authority approved $100,000 in tax incentives for the project.
Southern Recycling, which started in 1985 as a paper recycling firm, now has curbside operations serving more than 50,000 residents each month. On the scrap metal side, the company processes and ships about 10,000 tons per month of material.
The company, which currently has four locations, employs 117 people and has agreed to hire at least four more at the new location. “As a subsidiary of Houchens Industries, we are proud to be able to continue the growth we have experienced in Warren and surrounding counties,” says Southern Recycling President John Fellonneau.
Southern Recycling plans to break ground at the 45-acre site in early 2018.]]>
In its 11th year, the initiative is designed to expand access to recycling in public spaces in communities across America. Grant applications will be available online through Friday, Nov. 17, 2017. All interested parties can visit BinGrant.org to apply.
Since its inception in 2007, the grant program has made strides toward expanding recycling in public spaces. Over the 10-year history, nearly 50,000 recycling bins have been awarded, including 36,000 specifically for public space locations, providing opportunities for recycling on-the-go to 2.1 million people on a daily basis. The more than 930 grant programs that have been awarded in all 50 states and the District of Columbia have collected an estimated 21 million pounds of containers and other recyclables during this time, according to the foundation.
The 2017 program is expected to award up to 3,000 recycling bins for locations such as streetscapes and playgrounds, athletic fields, fairs and festivals, and colleges and universities. The program is funded through a $300,000 grant from The Coca-Cola Foundation to Keep America Beautiful, which in turn awards recycling bins through a competitive, merit-based application process.
“Our partnership with The Coca-Cola Foundation is helping us overcome a primary barrier to recycling outside of the home—lack of conveniently available recycling bins,” says Brenda Pulley, senior vice president, recycling, Keep America Beautiful. “With these grants we’ve made great strides over the last decade to expand access to recycling in public spaces.”
Eligible recipients for the 2017 Coca-Cola Public Space Recycling Bin Grant Program include government agencies, colleges and universities, civic organizations, public and local nonprofit groups throughout the United States. Keep America Beautiful will award the grants in November 2017 and will make arrangements with suppliers to deliver recycling bins to the recipients in the first quarter of 2018.
Helen Smith Price, president of The Coca-Cola Foundation, says, “At Coca-Cola, sustainability is factored into everything that we do. Through our partnership with Keep America Beautiful and the Public Space Recycling Bin Grant program, we are working to reduce waste and increase recycling rates by making recycling bins more accessible and convenient for communities.”
The Coca-Cola Foundation is the global philanthropic arm of The Coca-Cola Co. Since its inception in 1984, the foundation has awarded more than $900 million in grants to support sustainable community initiatives around the world.
Keep America Beautiful educates people to take action every day to improve and beautify their community environment. Established in 1953, the organization says it “strives to end littering, improve recycling and beautify America’s communities.”
Speakers in the export-focused session shared insights into how to better work with carriers as well as updates on certain ports in the United States.
“For companies that are not exporting yet, don’t fear it. There’s options out there if you’re interested in exporting,” said Mario Bruendel, chief operating officer of Austria-based Jerich International, who works out of California.
He suggested shippers only push for free time as it’s needed. He also advised that when filling out rate requests, that all information is present at the time of the request. “You guys as shippers want to be a value-add for the carrier,” Bruendel said.
On the carrier side, he said challenges remain. Many carriers are pushing for automation, Bruendel said.
Switching to a more electronic-based model was the focus of Tom Smart’s presentation. Smart, vice president of transpacific trade management, Mitsui O.S.K. Lines (MOL) America, who is based in Chicago, focused on the growing use of e-commerce documentation as a “significant trend in the industry.”
With e-commerce booking, Smart said orders flow more smoothly and seamlessly. “It’s amazing how many people still call for a booking,” Smart said. “Let’s work in an e-commerce environment,” he added.
E-commerce booking helps the industry become more efficient, he said.
Another area that Smart said has “greatly improved efficiency,” especially on the U.S. East Coast: The Panama Canal expansion.
Smart said, “It’s shorter ocean miles to go through the Panama Canal.”
The expansion of the Panama Canal has been great for the East Coast, said speaker Joel Perler, assistant business development manager with California’s Port of Long Beach. It also hasn’t been bad for the West Coast, either, Perler said of the Panama Canal.
“We have record numbers of volumes coming in,” Perler said of the Port of Long Beach.
Perler shared some of these figures during his presentation:
- The Port of Long Beach is North America’s second busiest container cargo seaport.
- In 2016, the Port of Long Beach moved 6.8 million twenty-foot equivalent units (TEUs), a figure Perler said will be surpassed in 2017.
- 70 percent of the port’s volume is imports.
- Scrap paper and plastics are the second largest materials by volume exported from the Port of Long Beach.
With 140 shipping lines connecting Long Beach to 217 seaports, the Port of Long Beach handles $180 billion in trade annually. A major economic engine for the Southern California region, the port supports 1 in 8 jobs in Long Beach, 300,000 jobs in Southern California and 1.4 million jobs nationwide.
Perler explained the $4 billion the Port of Long Beach is investing this decade to improve its infrastructure. These investments include building a new bridge, creating a fully automated, zero-emissions megaterminal and increasing on-dock rail capacity.
Fifteen percent of U.S. imports travel under the current bridge, which is being replaced with the new $1.5 billion Gerald Desmond Bridge. Perler said the bridge is expected to be completed and open in late 2019. It will be the largest cable-stayed bridge west of the Mississippi. At 205 feet, the Gerald Desmond Bridge will be 50 feet taller than the current bridge and will feature three lanes in each direction in addition to emergency and pedestrian lanes.
Perler explained that the need for this larger bridge is in response to ships continuing to grow in size. “They’re building bigger ships and I don’t know why,” Perler said.
While ships are getting bigger, the number of carriers available today has dropped considerably. Today, 13 carriers are active on the seas, a drop from the high of 20 not too long ago.
Perler said, “One industry expert predicts there will be five or six major carriers left when this is all done.”
The 2017 Paper & Plastics Recycling Conference was Oct. 11-13 in Chicago at the Chicago Marriott Downtown Magnificent Mile.]]>
The IBP is a joint government-industry effort under the jurisdiction of the Commerce Department’s International Trade Administration (ITA). Every year, the IBP results in approximately hundreds of millions of dollars in new business for U.S. companies and increased international attendance for participating U.S. trade show organizers, according to the association.
“We’re honored to again have the opportunity to participate in the International Buyers Program,” says PLASTICS President and CEO Bill Carteaux. “We have participated in the IBP since 2000. In those years we’ve increased international attendance 187 percent and now have international participation from 128 countries.”
He adds, “This program provides an exceptional business opportunity for our exhibitors to meet, network and develop business partnerships with international buyers, sales representatives and strategic partners, and provides them with a tremendous value-added service.”
The IBP will optimize international attendees’ experience by providing them with support and services they need to efficiently meet and conduct business with exhibiting brands, the association says. As a member of an official U.S. Embassy IBP Delegation, buyers will receive U.S. Embassy travel assistance, including registration and visa procedures, access to networking events and receptions, prearranged briefings and meetings customized according to buying interests and other attendee benefits and opportunities.
“The goal of this joint government-industry program is to support U.S. businesses and meet their objectives to grow internationally while facilitating introductions to interested international buyers,” says Vidya Desai, senior advisor for trade events, for the Commerce Department. “By bringing delegations to NPE 2018, we are able to assist NPE in their efforts to provide unique opportunities for U.S. exhibitors to navigate international prospects without having to incur added expense. By participating in this program, U.S. exhibitors are able to increase their exporting knowledge and identify options to expand market-share and grow their brands internationally.”
During NPE2018, the IBP will maintain an official International Trade Center on the show floor, where foreign buyers can obtain assistance in identifying potential U.S. business partners and meet with U.S. companies, while U.S. exhibitors can take advantage of interpreter services and face-to-face export counseling from overseas U.S. Commercial Service to help bridge international barrier.
NPE is the only event in the plastics industry that has been selected in 2018 to participate in the IBP. For more information and to register for NPE2018, visit www.NPE.org. Connect with NPE2018 through Twitter, Facebook and LinkedIn for the latest #NPE2018 news and insights.]]>
The two organizations are joining thousands of groups across the country that are doing something special to celebrate the national Keep America Beautiful initiative. ARD is dedicated to promoting and celebrating recycling in the United States. It has been held on—and in the weeks leading into—Nov. 15 for 20 years.
Starting Thursday, Oct. 26, Rhode Island residents are invited to take a 15-question online survey. Residents’ recycling habits, motivations and general knowledge, particularly their command of Rhode Island’s mixed recycling program, Recycle Together RI, will be covered. Upon completion, respondents are encouraged to leave comments, ask questions or share stories about their recycling experiences in Rhode Island. The results, which will be released Nov. 15, will help guide public outreach strategies and educational programs.
Thanks to generous donations from local businesses, those who complete the survey will be entered into a random drawing for a chance to win one of six prizes, including:
- a $50 Visa gift card, compliments of Seekonk, Massachusetts-based MTG Disposal to be randomly drawn from participants ages 19 and older;
- a $50 Visa gift card, compliments of MTG Disposal, to be randomly drawn from participants ages 13-18;
- two tickets to the Blackstone Valley Polar Express Train Ride Nov. 18, 2017, at 1 p.m., compliments of Blackstone Valley Tourism Council;
- four tickets on the Blackstone Explorer River Boat Tours for the 2018 season, compliments of Blackstone Valley Tourism Council;
- four tickets to The Museum of Work & Culture, located in Woonsocket, Rhode Island, compliments of The Rhode Island Historical Society; and
- one Free Garden Earth compost bin, compliments of Rhode Island Resource Recovery.
To learn more about the survey, including full eligibility requirements for prizes, visit www.surveymonkey.com/r/RIRecyclesDay. More information about recycling right in Rhode Island is available at www.recycletogetherri.org or by calling 401-942-1430 x775.]]>
The video, titled “Real People, Real Jobs, Recycle,” highlights those working in the high-density polyethylene (HDPE) plastics recycling industry in the Carolinas, focusing on the North Carolina recycling supply chain. Featuring employees of North Carolina companies such as ReCommunity (which was headquartered in Charlotte before being acquired by Republic Services), Plastic Revolutions, Crumpler Plastic Pipe and Burt’s Bees, the video shows how recycling positively affects the environment and the economy.
“North Carolina’s local industries import recycled bottles from abroad and other states to meet their demands,” says YBMJ Campaign Leader Blair Pollock. “When households recycle just two more bottles a week, they need to know that they are helping support Carolina jobs. In fact, a recent poll found that 66 percent of people ages 18-34 would be more likely to recycle if they knew what happened to their recycling after it hits the recycling bin.”
He adds, “This video demonstrates the recycling process in a fresh, innovative way.”
As China bans imports of plastics, U.S. recycling capacity will become increasingly vital, and the 3,500 plastics recycling industry jobs in North and South Carolina are necessary for recycling all types of plastics, especially HDPE, the APR says in a news release about the video. “The ripple effect of when a household recycles milk jugs, detergent, household cleaners or shampoo plastic bottles is evident with the video’s demonstration of those working in the robust Carolinas plastics recycling industry,” the association adds.
The campaign’s call to action is that if every household in the Carolinas recycled two more bottles a week, it would create 300 local jobs in the economy. The video is another resource to add to the current YBMJ toolkit. A recent YBMJ marketing campaign in the Raleigh Triangle area had considerable regional impact and yielded a 2 percent increase in bottles recycled during a three-month period compared with the prior year.
“The future success and growth of the plastics recycling industry depends on two things: increased supply of material to process and increased demand,” says Steve Alexander, president of APR. “Many HDPE applications today can use more recycled content, so any effort to increase supply is critical. This program highlights a natural, easy-to-implement activity for any household that will have a tremendously positive impact on the most pressing need for the recycling community.”
Matt Kopak, sustainable business and innovation manager, Burt’s Bees, Durham, North Carolina, says, “Recycling creates jobs in North Carolina and provides recycled plastic for our packaging. This helps to reduce our environmental impact by extending the useful life of our material inputs.”
"Lew Frankfort is a global business legend,” says said RTS co-founder and CEO Greg Lettieri. "It is very exciting to have Lew's guidance and experience as we grow the RTS brand, expand into new markets and focus on operational efficiency
Frankfort says, "I am excited to join RTS as both an investor and advisor. The company has already demonstrated its ability to disrupt the waste management and recycling industry with nimble technology and a strong leadership team. Its future is unlimited.”
RTS currently works with businesses across the country, focusing on sustainability through efficient routing, training and on-demand orders; streamlining the waste removal services for clients such as, Whole Foods, WeWork, Juice Press and the Natural Resources Defense Council (NRDC).
Frankfort’s career spans more than 35 years with Coach, where he served as chairman and chief executive officer. During his time with the company, he transformed a small manufacturer of leather goods into a leading global, modern luxury accessories brand. Prior to joining Coach, Frankfort held various management roles in New York City government, culminating in the position of commissioner of New York City's Head Start and Day Care Programs.
He holds a BA from Hunter College and an MBA from Columbia University and serves on the board of directors of shared office space provider WeWork and is affiliated with a number of nonprofit organizations.
RTS is headquartered in New York and provides a proprietary tracking system to provide businesses with accurate data and real-time accountability of waste and recycling removal. The company was founded in 2015 and focuses on environmentally friendly avenues for waste removal and processing. In March 2017, RTS was certified by nonprofit B Lab as a B Corp, which are for-profit companies that meet standards of social and environmental performance, accountability and transparency.
Enhancements include an expanded Loop ID field, the ability to update expansion cards using a USB drive or integrated web utility, a new configurable power supply, and features that improve functionality and ease of use, according to the company. In addition, Fairbanks says the new digital power supply provides enhanced diagnostic capabilities compared to traditional analog power supplies. The FB6000 features a dynamic web interface that reduces calibration and custom ticket formatting time over previous generations and competing technology, according to the manufacturer.
The new Loop ID field has expanded from three up to 15 alphanumeric characters, allowing the use of more user-friendly IDs. Furthermore, the FB6000 also allows for expansion card updates from the instrument’s front panel keyboard or by using the integrated web utility, letting users make updates “on the fly,” Fairbanks says.
Power supply configuration is accomplished with the new Easy Config option.
“Simply tell the instrument how many cells and the cell impedance, then push a button and the FB6000 does the rest,” says Fairbanks Scales.
Several new updates to the integrated web utility have been added, including the ability to calibrate by millivolts per volt. When used in conjunction with Fairbanks’ Remote Configuration Device (RCD), a technician can calibrate the FB6000 using his or her tablet or laptop from the scale platform.
“This means there’s no need to walk back and forth between the scale platform and scale instrument to test and calibrate the scale system,” says Fairbanks Scales. “Technicians will have a temporary wireless network between the FB6000 instrument and a hand-held portable device.”
Enhanced web load cell diagnostics now show a representation of the scale platform, each individual cell with its specific stored zero counts and current zero counts, along with the scale’s total gross weight.
Founded in 1830, Fairbanks Scales has become a leader in the industrial weighing market. From bench, parcel, counting, floor and truck scales to animal, railroad track and a full range of specialty scales, Fairbanks Scales serves several industries.]]>