American Recycler — February 2009 Edition








 

AUTO

PLASTICS

METALS

PAPER

INTERNATIONAL

Economy encourages efficiencies
E-mail the author

Sedona Recycling in Arizona reports a lack of manufacturers in the western United States utilizing recycling materials in their products.

The bad economy is forcing recyclers to become more efficient. “We learn to do more with less,” said Frank Cozzi, partner at Cozzi Enterprises, Inc. in Burr Ridge, Illinois.

Volumes at the management consulting company’s metal recycling facility in Glendale, Arizona dropped by 35 percent in November compared to the same month during 2007.

“Business for the entire year was not bad, but the last quarter will be off significantly,” Cozzi said about the ferrous and non-ferrous recycling business. He said the state of the overall economy has lead to a drop in price and demand for all scrap commodities.

Pricing of ferrous scrap was down 78 percent from earlier in 2008, Cozzi said. Non-ferrous metal pricing, in most cases, was also down approximately 60 percent.      ...read more


Cover
FOCUS on TIRE RECYCLING
View upcoming topics

 

 

View regional resources See what's on the market! search Subscribe Today!