Companies plan to invest $300M in domestic paper recycling

KDC and Celadon noted that in North America e-commerce trends are driving higher OCC generation in the residential recycling stream.

A technology company and investment firm say they will develop two North American facilities processing more than 800,000 tons per year of mixed paper and OCC into recycled pulp and paper.

The project, led by investment firm Kamine Development Corporation Sustainable Infrastructure (KDC) in partnership with technology company Celadon, will kick off next year and will involve a total investment of $300 million.

The plan was announced Dec. 2, but the partners did not disclose where the sites would be located.

“Celadon has a unique technology capable of upcycling mixed paper and old corrugated cardboard into recycled pulp sheets and re-usable paper, creating a closed loop waste free industry,” the companies said in a release.

KDC and Celadon noted that in North America e-commerce trends are driving higher OCC generation in the residential recycling stream. Meanwhile, end markets for recovered fiber have languished due to China’s recovered fiber import restrictions.

North America is “behind in this infrastructure” due to China’s long dominance in the end market sector, the companies wrote.

“Landfilling this material is of course not the answer,” they said. “That is why Celadon and KDC have partnered together to deploy large scale recycling infrastructure across North America to create a closed loop, waste free industry and to properly manage our cardboard use.”
more at source: https://globalrecycler.com/companies-plan-to-invest-300m-in-domestic-paper-recycling/

Related Posts

UPM joins clean hydrogen coalitions in the EU and Finland to promote the emerging hydrogen economy

UPM has recently joined the EU’s Clean Hydrogen Alliance and become member of the Roundtable on Clean Hydrogen for industrial users. UPM has also joined the newly established Finnish Hydrogen Cluster. UPM is well-positioned for the hydrogen economy and wants to be proactive in the developments that reduce greenhouse gas emissions. Clean hydrogen is emerging as one of the key enablers for the European Union goal to reach carbon neutrality by 2050. “Clean hydrogen provides several interesting opportunities for UPM. We have an in-house access to renewable and CO2-free electricity, water resources, biogenic CO2 and hands-on experience with hydrogen in our advanced biofuels production in Lappeenranta. Our specific knowhow and resources will enable UPM to develop possible new business opportunities in the emerging hydrogen economy”, states Jyrki Ovaska, Executive Vice President, UPM Technology. Ovaska represents UPM in the EU’s Roundtable on Clean Hydrogen for industrial users.

Nature Conservancy of Canada receives $1 million gift from J. D. Irving, Limited

In celebration of National Wildlife Week, the Nature Conservancy of Canada (NCC) is announcing it has received a significant and generous donation. J.D. Irving, Limited has donated $1 million to NCC’s national Landmark Campaign. The gift will allow NCC to conserve more habitat for wildlife, complete conservation science and research projects, as well as fund student internships and volunteer programs. “On behalf of the Nature Conservancy of Canada, I would like to express our gratitude to J.D. Irving, Limited for this outstanding contribution,” said John Lounds, President and CEO of the Nature Conservancy of Canada. “I would also like to thank Jim Irving for his leadership for 17 years on NCC’s national fundraising campaigns, past and present. This donation will help NCC protect more habitat and at-risk species, connect more Canadians to nature, and inspire the next generation of conservation leaders.” Click Read More below for additional detail.

Brand owners sucked in by Canopy’s embarrassing boo-boos

Vancouver-based environmental group, Canopy, has launched a global campaign against paper packaging, claiming that three billion trees “disappear into packaging’’ every year leaving “a trail of deforestation, degraded forest systems, threatened species, and an increasingly volatile climate.” Strong words. But are they true? Not as far as Canada is concerned (and probably the US too). For a Vancouver-based group, Canopy is alarmingly ignorant of the packaging facts in Canada. Here’s one. Most of the paper packaging material made by Canadian mills is 100% recycled content! It’s not made (as Canopy claims) with the “habitat of endangered species such as orangutans or caribou.” There’s a lesson here for brand owners everywhere. We commend you for committing to environmental causes. But please, please do not allow yourselves to be publicly embarrassed by lending your names and credibility to the false and misleading claims such as Canopy makes above. Facts do matter.
Back To Top
×Close search
Search