Are plastic bale prices nearing bottom?

Source: https://www.recyclingtoday.com/news/are-plastic-bale-prices-nearing-bottom/

Author: Deanne Toto

Plastic scrap prices continued their descent in July as supply outpaced demand for polyethylene terephthalate (PET), high-density polyethylene (HDPE) and polypropylene (PP) recovered at material recovery facilities (MRFs) in the U.S.  A reprocessor based in the Southeast says natural HDPE bales have been selling in the low 30-cents-per-pound range as of mid-July, which represents a decline of 50 cents per pound over a five-week period. Mixed-color HDPE bales were selling for 8 cents per pound, down from nearly 20 cents per pound just a few weeks ago.

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Prices drop 40% for two key recycled plastic grades

Source: https://resource-recycling.com/recycling/2023/07/10/prices-drop-40-for-two-key-recycled-plastic-grades/

Author: RecyclingMarkets.net Staff

PET and HDPE prices have taken a sudden crash this month, dropping by double-digit percentages. Luckily for MRFs, most everything else in the curbside mix is holding steady.  The national average price of post-consumer PET beverage bottles and jars is down 44% this month. Bales of PET are now averaging 7.06 cents per pound, compared with 12.63 cents per pound this time last month.

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NOVA Chemicals plans large film recycling plant

Source: https://resource-recycling.com/plastics/2023/07/18/nova-chemicals-plans-large-film-recycling-plant/

Author: Jared Paben

Plastic resin giant NOVA Chemicals will build a large PE film recycling facility in Indiana. The facility will be operated by film specialist Novolex. By 2026, Calgary, Alberta-headquartered NOVA plans to produce 113 million pounds per year of recycled polyethylene pellets at the plant in Connersville, Ind., according to a press release issued July 18. Owned by NOVA, the plant will be operated by Novolex, a film and bag producer that runs its own film recycling operations in the Midwest.

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Poland to sue Germany over waste imports

Source: https://www.euractiv.com/section/politics/news/poland-to-sue-germany-over-waste-imports/

Author: Aleksandra Krzysztoszek

Warsaw will take Berlin to the EU Court of Justice in Luxembourg for allegedly failing to remove 35 tonnes of waste illegally transported to Poland by German companies and stored at seven sites in the country, Climate and Environment Minister Anna Moskwa announced on Tuesday. At a press conference in May, the Polish government expressed its will to sue Germany over waste. “I am convinced that as soon as this week, the complaint will be filed to the European Union Court of Justice,” Moskwa said on Tuesday, as quoted by Money.pl.

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B.C. phasing out single-use plastics, giving businesses six months to use inventory

Source: https://ca.style.yahoo.com/b-c-phasing-single-plastics-205840430.html

Author: The Canadian Press

VANCOUVER — British Columbia is phasing out the use of a range of single-use and disposable plastics with businesses being given six months to use up their inventory. Environment Minister George Heyman says the new regulation comes into effect in December and will cover plastic shopping bags, disposable food service accessories, degradable plastics and any packaging made of hard-to-recycle plastics.

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Stitch in time: France to help pay for clothes to be mended to cut waste

Source: https://www.theguardian.com/environment/2023/jul/12/stitch-in-time-france-to-help-pay-for-clothes-to-be-mended-to-cut-waste

Author: Kim Willsher

A broken heel, a rip in trousers, buttons missing from a shirt? Don’t throw them away if you live in France, where the government will pay a “repair bonus” to have them mended in a new scheme aimed at cutting waste. An estimated 700,000 tonnes of clothing is thrown away in France every year, two-thirds ending up in landfill.

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The Microplastic Crisis Is Getting Exponentially Worse

Source: https://www.wired.com/story/the-microplastic-crisis-is-getting-exponentially-worse/

Author: Matt Simon

Not even the Arctic Ocean is immune to the incessant growth of microplastic pollution. In a new study that analyzed sediment core samples, researchers quantified how many of the particles have been deposited since the early 1930s. As scientists have shown elsewhere, the team found that microplastic contamination in the Arctic has been growing exponentially and in lockstep with the growth of plastic production—which is now up to a trillion pounds a year, with the global amount of plastic waste projected to triple by 2060.

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Plastic production creating greenhouse gases 'equal to 5.7m cars', conservation groups say

Source: https://www.abc.net.au/news/2023-07-10/plastic-waste-report-marine-conservation-society-wwf/102582230

Authors: Leonie Thorne, Evan Young and Penny Timms

Australia's annual plastic consumption produces the same amount of greenhouse gas emissions as 5.7 million cars, analysis released by conservation groups suggests.

report, commissioned by the Australian Marine Conservation Society (AMCS) and WWF Australia, says skyrocketing levels of plastic use are contributing to global warming and posing a significant threat to our ecosystems and wildlife.

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Australia’s annual plastic consumption produces emissions equivalent to 5.7m cars, analysis shows

Source: https://www.theguardian.com/australia-news/2023/jul/10/australias-annual-plastic-consumption-produces-emissions-equivalent-to-57m-cars-analysis-shows

Author: Donna Lu

The plastics consumed yearly by Australians have a greenhouse emissions impact equivalent to 5.7m cars – more than a third of the cars on Australia’s roads, new analysis suggests. A report commissioned by the Australian Marine Conservation Society and WWF Australia has found that the plastics consumed nationally in the 2019-20 financial year created 16m tonnes of greenhouse gases.

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A Glut of Made-in-China Plastic Will Dent Oil’s Growth Machine

Source: https://finance.yahoo.com/news/glut-made-china-plastic-dent-000000305.html

Authors: Elizabeth Low and Kevin Crowley

(Bloomberg) -- Once touted as a key driver of global oil profits, the plastics industry is staring down years of anemic margins as giant plants in China look set to send a deluge of production into the market. The construction of more than 20 petrochemical projects — to produce raw materials that go into making everything from plastic packaging to clothing and detergents — will be completed across China this year, said industry consultant ICIS.

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Compostable Plastic Is Garbage

Source: https://www.theatlantic.com/science/archive/2023/07/compostable-plastic-trash/674626/

Author: Saahil Desai

In 2023, the options for a build-your-own fast-casual lunch can include wild Alaskan salmon, harissa honey chicken, cauliflower shawarma, seasonal roasted zucchini, preserved lemon vinaigrette, za’atar bread crumbs, creamy vegan feta, and skhug. But whatever you choose, it will all inevitably be served in a compostable bowl. As an office worker blessed (and cursed) with endless overpriced meal options, I have shoveled way too much random food into my mouth from a compostable vessel, using a compostable utensil.

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Plastic's Health Impacts Are Becoming Impossible To Ignore | Opinion

Source: https://www.newsweek.com/plastics-health-impacts-are-becoming-impossible-ignore-opinion-1811050

Author: Judith Enck, Beyond Plastics

Plastic has been creeping into our food, our air, our water, and our bodies for decades now, with most people blissfully unaware of its presence and health risks. But two catastrophes in the past six months suddenly made it impossible to ignore how plastic affects Americans' lives, health, and future. The catastrophes I'm referring to are the East Palestine, Ohio, train derailment and the smoke from Canadian wildfires that enveloped U.S. cities for days. If you're not already aware—and many aren't—these two moments have everything to do with plastic.

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Op-Ed: Food Industry Giants Must Fix Their Plastic Pollution

Source: https://civileats.com/2023/07/06/op-ed-plastic-recycling-has-failed-food-companies-need-to-step-up/

Author: Ashka Naik

Plastic has allowed many food industry giants to become the massive entities they are today. For example, Coca-Cola generates 3 million tons of plastic packaging a year; PepsiCo has been found to use nearly 2.3 billion tons of plastic each year for its bottles and packaging; and McDonald’s has been called out for generating the weight of “100 Eiffel Towers” worth of packaging waste.

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Gov’t told: Ban importation of waste in PH, protect Filipinos’ health, environment

Source: https://newsinfo.inquirer.net/1798389/govt-told-ban-importation-of-waste-in-ph-protect-filipinos-health-environment

Author: Faith Argosino

MANILA, Philippines — An environmental group on Thursday appealed to the government to ban the importation of wastes into the country, warning of the hazards it poses to people’s health. EcoWaste Coalition reminded President Ferdinand Marcos Jr. to ratify the Basel Convention Ban Amendment, noting they had sent letters to the Chief Executive and Department of Environment and Natural Resources Secretary Maria Antonia Loyzaga regarding the matter in January.

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"Regrettable substitutions": Why it's hard to ban "forever" chemicals, according to experts

Source: https://www.salon.com/2023/07/01/regrettable-substitutions-why-its-hard-to-ban-forever-chemicals-according-to-experts/

Author: Matthew Rozsa

Teflon is probably the most famous of the products made with "forever chemicals," but it is far from alone among them. Although one would hope that governments would heavily regulate a product linked to serious health issues like cancer, high blood pressure and infertility, chemicals known as PFAS (short for per- and polyfluoroalkyl substances) are largely able to slip under the radar. This is in large part because of a process known as regrettable substitution — and experts tell Salon that it is helping polluters literally destroy human life on this planet.

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