Paper recycling costs rising 35% as export markets collapse

Thu, 18 Jul 2019

By Pattrick Smellie July 18 (BusinessDesk) - The price of trying to do the right thing by recycling paper just went up, with Oji Fibre Solutions announcing a 35 percent increase in the cost collecting a binful of used paper to stem the losses it's suffering when it sends recycling paper offshore for reprocessing. The firm advised customers today that the combined impact of China raising the standards it expects before taking the world's garbage for recycling, and the global economic slowdown caused by the US-China trade war, had "flooded...

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