Biffa say China ban will continue to have an impact on recyclate prices

The China import ban and restrictions is likely to have an effect on Biffa's profitability in the short-term, a company trading update has revealed.  In the trading update...
Plastic bottle bales PET

China launches Blue Sky 2018 to inspect waste imports

A new programme of inspections of waste imports has been launched by Chinese customs authorities. Blue Sky 2018 will run from March to December and...

Smurfit Kappa rejects takeover bid from International Paper Company

The largest cardboard box manufacturer in Europe and major purchaser of recovered fibre has rejected a takeover bid from US firm International Paper Company. Smurfit...

China to completely ban imports of foreign waste

Chinese Premier Li Keqiang has said that the country will completely ban imports of foreign waste. In his speech to the opening of the 13th National...

China was the world’s biggest steel scrap user in 2017

According to statistics from China’s Association of Metalscrap Utilization (CAMU), China was the world’s biggest steel scrap user in 2017.  China recorded a 64.2% increase in its...

Malaysian plastic recycler reports handling 28% more material after China ban

The ban on imports of plastics to China has led to one Malaysian recycling company handling 28% more material. In an interview with the Xinhua news...

Food retail sales grow in February, but non-food struggling

For recyclers looking where retail quality supply of material will come from, the answer is the grocers. Food retailers had a good month in February,...

Lee & Man annual profits increase by 76%

Profits in 2017 at Lee & Man Paper Manufacturing have increased by 76% on the year before, the company has revealed. The containerboard and tissue...

Nine Dragons Paper announces record profit

Chinese containerboard manufacturer Nine Dragons Paper has revealed record profits and sales for the six months up to end of December 2017. The group, which...

Ardagh Group invests in aluminium can end facilities to give more flexibility

Ardagh Group has announced that following its recent completion of a significant investment project, it will now supply two additional beverage ends from its...
- Advertisement -
Advertisement
Advertisement
Advertisement

Daily FX - USD

USD - United States Dollar
GBP
1.2992
EUR
1.1242
CNY
0.1492
MYR
0.2406
IDR
0.0001
INR
0.0144
THB
0.0315

Daily FX - GBP

GBP - British Pound
USD
0.7697
EUR
0.8653
CNY
0.1148
MYR
0.1852
IDR
0.0001
INR
0.0111
THB
0.0242