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Waste Management wins Florida PET bale bid offering at 16.5 cpp
HOUSTON, September 27, 2017 (PCW) -- Recycling giant Waste Management was the winning bidder for 10 truckloads (42,000 lbs) of green and clear curbside PET bales at 16.5 cpp in the Solid Waste Authority of Palm Beach County, Florida’s sale for October, the SWA announced on Wednesday. Terms are FOB SWA facility Oct pickup.
The previous PET bale sale a month ago was at 16 cpp to GAMA USA Inc. The SWA for Oct also sold three truckloads of HDPE mixed colors curbside bales at 17.8 cpp, to Waste Management, and two truckloads of HDPE natural (dairy) curbside bales to Envision Plastics at 33.75 cpp. The SWA reported no sales of unsorted plastic scrap or large, oversized and injection grade units. -- Xavier A. Cronin