12.26.08

Recyclables market crumples

Posted in you've got mail at 1:36 pm by nemo

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http://www.newsobserver.com/business/story/1346015.html

Recyclables market crumples like a can
Demand is so low, area processors sometimes pay to get rid of recyclable items
Wade Rawlins – Staff Writer
Sonoco Recycling, which processes bottles, cans, jars and papers collected from Raleigh homes, sent a truckload of metal cans two weeks ago to a smelting plant in Pennsylvania.

As recently as August, the load would have been worth about $7,500. Not now, though. Instead of receiving payment, Sonoco had to pay the shipping to get the plant to accept the cans.

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