Real-Time Quote
Page 2 of 4 | Prev Page | Next Page
Show Entire Article

Recycling Export Boom Turns Green Into Gold
CNBC.com | November 11, 2011 | 04:26 PM EST

The top three markets are big developing markets China and South Korea as well as Canada, the U.S.’ principal trading partner. Together, these three countries consumer nearly half of exported U.S. scrap.

With a growing recycling infrastructure diverting more U.S. waste from landfills, as well as systems R&D investments from integrated waste handling firms like Waste Management, the U.S. is now recognized as the world leader in scrap.

It’s not just the amount of waste being generated in the world’s largest economy, he says; it’s that the best technology is used to recover various waste streams, making the U.S. scrap more “pure” than other countries.

“For scrap, the favored supply market for all buyers is the U.S. since it can supply the quantity and quality needed,” he says.

One of the beneficiaries from booming recycled commodity prices is cash-strapped municipal governments.

Ecomaine , the waste disposal agency for 21 communities in southern Maine, bought out the lease on its $1.5 million single-sort recycling systems eight years early, thanks to increased volumes of scrap selling for better prices.

Single-sort systems involve end users putting all recyclables — paper, metals, glass and plastics — into one container which gets sorted at a depot. These are now common in many residential areas.

Page 2 of 4 | Prev Page | Next Page
Show Entire Article
More ETF Strategist

Real-Time Quote
omniture pixel