Market

As tensions escalate amid an ongoing trade war between the U.S. and China that is having a damaging effect on the recycling industry, the Institute of Scrap Recycling Industries (ISRI) this week requested the U.S. government make every effort to negotiate a path forward with China.

Electrolux has announced it is investing in Sweden-based Karma, a startup that helps restaurants and supermarkets reduce food waste by selling unsold food to consumers.

Neste, producer of renewable diesel, UK-based chemical recycling company ReNew ELP, and Australian technology developer Licella are joining forces in a development project to explore the potential of using mixed waste plastic as a raw material for fuels, chemicals, and new plastics.

Waste management company Waste Cost Reduction Services (WCRS) Ltd has urged the fashion industry to manage its waste more effectively.

Global Market Insights forecasts the recycling equipment and machinery market share to surpass USD 1.2 billion by 2025.

Axion Polymers hosted a fact-finding visit to its two Manchester recycling facilities by the Lead MEP and appointed Rapporteur for drawing up regulations on persistent organic pollutants (POPs).

The Wacker Neuson Group reported a marked rise in revenue and earnings during the first six months of 2018.

The Institute of Scrap Recycling Industries (ISRI) Board of Directors recently elected Mel Wright of Wright’s Scrap Metals in Beaumont, Texas to a Director-at-Large position. Mr. Wright will be filling a term ending in 2019.

OPRL’s PREP UK packaging design tool goes live this week with UK recycling infrastructure data for testing, ensuring recyclability assessments fully reflect current UK collections and processing infrastructure.

Metso has signed a non-exclusive agency agreement with Seepra Recycling Group for the India market area. The agreement covers the whole of India with responsibility of the sales of Metso’s waste recycling equipment; fine-, mobile- and pre-shredders.

Biomass is quickly becoming a sought-after resource as an alternative to fossil fuels, chemicals and energy in the bioeconomy. Having recognised the potential of agricultural and forestry waste for commercial use, the Rehap project has recently developed a unique tool that can forecast their future availability.