Goldsmith Group becomes eScrap Inc.(ELECTRONICS RECYCLING)(Brief
article)
Eric Goldsmith has completed the purchase of the assets of the
Goldsmith Group Inc. (GGI), Indianapolis, from his father, Phillip
Goldsmith. The third-generation owner has also announced the . . .
Washington State gets new glass packaging plant.(GLASS)
Cameron Family Glass Packaging, based in Washington, Pa., has
completed a $109 million financing deal that will allow the company to
build a new glass plant in the United States.
[ILLUSTRATION . . .
Fomo covers two green bases.(PLASTICS)
Fomo Products Inc., Norton, Ohio, recently celebrated the opening
of its new Spray Foam Production Center in nearby Akron and the launch
of a corporate-wide green initiative.
Fomo has developed a . . .
Tennessee Awards grant money for tire recycling.(TIRES)
Tennessee Gov. Phil Bredesen and Environment and Conservation
Commissioner Jim Fyke have announced they are providing $4.2 million in
Waste Tire Grants to communities throughout the state to help . . .
ISRI pumps up tires.(TIRES)
The Institute of Scrap Recycling Industries Inc. (ISRI) will
present its fourth annual Tire Recycling Business Summit, Sept. 17-18,
at the Hyatt Regency O'Hare, Rosemont, Ill.
According to ISRI, . . .
Plastinum to open plants to handle plastics from
electronics.(PLASTICS)
Plastinum Polymer Technologies Corp., formerly based in New York
City, has announced plans to open a number of recycling plants in the
United States and relocate its headquarters to California.
. . .
Large plastics recycling plant opens in
Beijing.(PLASTICS)
The world's largest plastics recycling processing plant,
capable of recycling 60,000 tons of plastic scrap annually, has begun
operating in Beijing, according to an article in China Daily.
. . .
Poly-Pacific adds to board.(PLASTICS)(appointment of Greg Pendura
and Angus Ross at Poly-Pacific International Inc.)(Brief
artic
Canadian company Poly-Pacific International Inc. has elected Greg
Pendura to the company's board of directors, subject to regulatory
approval. All returning directors were re-elected to the board.
. . .
Plastic food containers to increase.(PLASTICS)
As long as Americans keep eating, the demand for food containers
should be steady to upward. Research company The Freedonia Group,
Cleveland, forecasts a 3.3 percent annual food container growth . . .
Every which way.(PLASTICS)
While some plastic grades have been enjoying relatively healthy
markets, others have been stagnating in light of consuming industry
problems.
Pricing for LDPE (low-density polyethylene) film has . . .
Caraustar posts loss for second quarter.(PAPER)(Financial
report)
Caraustar Industries Inc. has announced that sales for its second
quarter of 2007 were $235.6 million, a decrease of 10.3 percent compared
to sales of $262.7 million for the same quarter in 2006. . . .
Cascades acquires Michigan mill.(PAPER)
Cascades Inc. has entered into an agreement with Honeycomb Products
of Michigan (HPM) to acquire the assets of HPM's honeycomb board
mill located in Grand Rapids, Mich.
The acquisition makes . . .
On the rise.(PAPER)(fiber and old newspaper market
conditions)
As late summertime temperatures continue to rise throughout much of
the country, the recovered fiber market remains just about as hot in
August as it was in July.
Prices have remained strong . . .
Wise Metals reports results for second
quarter.(NONFERROUS)(Financial report)
Wise Metals Group has reported that shipments of aluminum beverage
can stock, rolled aluminum products and scrap totaled 201.4 million
pounds during the second quarter of the year, a decline from . . .
Xstrata changes name of Recycling division.(NONFERROUS)
Xstrata Copper Canada, a metals mining firm, is renaming its
Noranda Recycling Inc. affiliate to Xstrata Recycling Inc.
Xstrata Recycling operates precious metal sampling facilities in
East . . .
Novelis inks large deal with Rexam.(NONFERROUS)(Company
overview)
Novelis Inc. has signed a multi-year supply agreement with the
South American operations of Rexam plc, a large beverage can
manufacturer. Under terms of the agreement, valued at about $1 . . .
Sub-prime issues affect nonferrous markets.(NONFERROUS)
After seeing a strong upward climb for many nonferrous metals, the
continued problems with the U.S. housing industry and the sub-prime
mortgage business are having a sharply damaging affect on some . . .
Alabama Dust Recycling plant proposed.(FERROUS)
Steel Dust Recycling LLC (SDR), founded last year, has announced
plans to build a Waelz Kiln facility in Alabama that will be capable of
recycling 110,000 tons of steel mill dust per year. The . . .
Ferrous pricing turns up.(MSA/RMDAS[TM] MONTHLY FERROUS SCRAP
PRICE INDEX)
[GRAPHIC OMITTED]
After a three-month period of almost complete flatness, per-ton
pricing for ferrous scrap moved up by several dollars throughout the
United States in August. Pricing for all . . .
Waking up from the summer slumber.(FERROUS)
Although the calendar was still turned to the August page, mill
buying activity seemed to increase in anticipation of an end to the
summer vacation season.
Ferrous scrap buyers showed enough . . .
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