03 March 2010 18:23 [Source: ICIS news]
HOUSTON (ICIS news)--The US recycled at least 361m lb (164,000 tonnes) of non-bottle rigid plastics in 2008, up nearly 11% from a year earlier, the American Chemistry Council (ACC) said on Wednesday.
Plastic scrap prices were very strong in the first three quarters of 2008, a time of record-high crude oil prices, but the market for recycled materials crashed during the fourth quarter, according to a report prepared by Moore Recycling Associates.
The survey found that exports of recycled material dropped off sharply in 2008 from a year earlier.
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“The total for domestic material in 2007 was under reported,” the report said, “so Moore Recycling made an aggressive effort to identify additional domestic sources.”
The number of communities collecting mixed rigid plastics has grown, the report said.
“Plastics are too valuable to waste.... It’s encouraging to see that communities, recyclers and consumers are increasingly recognizing the value of post-consumer non-bottle rigid plastics, and working together to provide recycling opportunities” said Steve Russell, vice president of plastics for ACC.
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