feb 10, 2019 - Waste Management, US,
invested $110 M into
recylcing system to adapt
Waste Management, the largest U.S. hauler, announces the company invested $110 million into its recycling system in 2018, even as the company experienced an estimated $100 million revenue impact from the recycling market upheaval. The investment was directly tied to the market fluctuations, and the company also indicates it will make its largest residential recycling investment yet in the year to come. The hauler also pointed to its relationships with domestic material processors as vital to weathering the market downturn.
Added to timeline:
Chinese Waste ban on Fiber sector