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Re: Knowledge is King post# 43905

Thursday, 01/25/2018 11:08:55 PM

Thursday, January 25, 2018 11:08:55 PM

Post# of 115022
GLGI: Their raw materials costs for recycled plastic resins should drop significantly this year, heck, they might even get paid to take it in due time. China banned imports of foreign "recyclable" trash at the begining of the year and "recyclable" plastics are already piling up all over the developed world....and is becoming a major issue:
https://www.japantimes.co.jp/life/2018/01/24/environment/chinas-waste-import-ban-upends-global-recycling-industry/#.WmqgtXNOngA

As an environmental scientist I love what GLGI is doing, according to a 2009 Cornell study only 7% of plastics collected in the US recycling system are actually being recycled, the remainder are being shipped around the world until they are sent to what are essentially garbage dumps of sorted materials in China where they have accumulated beyond China's ability or desire to deal with it anymore. GLGI claims to be one of the main consumers of recycled plastic resins in the US, which is believable because not many companies want to deal with dirty, mixed-color plastic resins.

On a more trivial note, the author of this ResearchandMarkets.com report could use a natural resource economics class or two. He's got this fundamentally wrong: "Plastic pallets are environment-friendly as they are made of HDPE or PP, unlike wooden pallets that are made up of lumber and is a non-renewable resource."

Actually, wood is a renewable resource because trees regrow, plastics are non-renewable because they are derived from oil, which is finite because its supplies do not replenish. Maybe he meant plastic is recyclable....at least to the extent GLGI is using it....and makers of composite lumber like Trex, which is made from #4 LDPE plastic bags that are collected at the collection points in your local grocery store.

PSA: If you buy bottled water, please rethink that decision and consider getting a filter of some kind, or at least home delivery of the larger 5 gallon reusable bottles. The world is literally choking on the waste from our convenient disposable products, at current rates of consumption and disposal, there will be more plastic in the ocean than fish by the year 2050...and the wild caught, ocean dwelling fish we are eating now already contain detectable concentrations of microplastics....this is a huge problem that we have some control over the causes and effects.


"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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