Recycling continues to power the American economy based on a new study conducted by John Dunham and Associates and released by the Institute of Scrap Recycling Industries (ISRI). In addition to its positive environmental benefits, the recycling industry is responsible for more than 531,500 jobs and an overall economic impact of nearly $110 billion.
Institute of Scrap Recycling Industries (ISRI)
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The Institute of Scrap Recycling Industries, Inc. (ISRI) is the Voice of the Recycling Industry. ISRI represents approximately 1,300 companies in 21 chapters in the U.S. and 34 countries worldwide that process, broker and consume scrap commodities, including metals, paper, plastics, glass, rubber, electronics, and textiles. With headquarters in Washington, DC, ISRI provides education, advocacy, safety and compliance training, and promotes public awareness of the vital role recycling plays in the U.S. economy, global trade, the environment, and sustainable development. Generating more than $105 billion annually in U.S. economic activity, the scrap recycling industry provides nearly half a million Americans with good jobs.
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As scrap recyclers and brokers continue to seek new outlets for recycled commodities, market participants are increasingly interested in where demand will come from next. To meet that need, the Institute of Scrap Recycling Industries' (ISRI) 2019 Commodity Roundtables Forum will offer fresh new perspectives and insights on the commodity markets and examine "the next boom market." The annual event which attracts processors, brokers, traders, and other scrap recycling professionals, will take place this year from September 11-13 in Chicago.
In apparent retaliation to the U.S. Administration's recent announcement of tariffs on Chinese products to begin in September and December, the Chinese government announced last week its intent to levy additional tariffs on $75 billion worth of goods from the United States. These tariffs add on to those already in place from announcements in 2018.
Recycling and radiation control industries join with Indiana Department of Homeland Security to promote radiation safety
Undetected radioactive material can have severe consequences in a scrap yard. In an effort increase awareness around radiation safety, the Institute of Scrap Recycling Industries (ISRI), in collaboration with The Conference of Radiation Control Program Directors (CRCPD) and the Indiana Department of Homeland Security (IDHS), today released an educational video to help recycling workers in identifying radioactive sources, isolating the material, and notifying the proper authorities.
United States Environmental Protection Agency (EPA) Administrator Andrew R. Wheeler this week addressed members of the Institute of Scrap Recycling Industries (ISRI) to discuss key issues related to the industry.
Last month, in an effort to crack down on illegal shipments, the Indonesian government imposed new regulations on imports of recovered paper. The rules included a 0.5% contamination limit and 100% pre-shipment inspections, including separating containers into bales. The government has now announced that it will instead use the Institute of Scrap Recycling Industries (ISRI) specifications for recovered paper which set a standard of 1-2% for prohibitives and 3-4% for outhrows. It is also using the specifications to define its use of the word "homogenous" in describing the condition of bales.
Many North American recycling businesses rely on the hard work of industry associations to help ward off burdensome legislation. The Institute of Scrap Recycling Industries (ISRI) in the U.S. and the Canadian Association of Recycling Industries(CARI) in Canada provide members with educational resources, networking opportunities and advocacy muscle at home and abroad. These associations also have a long history of collaborating with one another to combat common issues.
The Institute of Scrap Recycling Industries (ISRI) is announcing that it has opened up its popular Superfund Recycling Equity Act (SREA) Reasonable Care Compliance Program to nonmembers. The SREA Reasonable Care Compliance Program offers detailed reports on consuming facilities' environmental compliance records. Doing such due diligence on facilities can assist recyclers with the defense of a Superfund liability claim as a way of showing "reasonable care."
The nation's recycling industry is calling on the Surface Transportation Board (STB) to address unreasonable railroad practices related to railcar supply and storage fees. Members of the Institute of Scrap Recycling Industries (ISRI) today testified before an STB hearing that rail is a critical mode for transporting ferrous and nonferrous scrap metal, particularly for distances greater than 200 miles. Since many recycling facilities are served by only one major freight railroad, there are rarely alternative modes of transportation - which means scrap metal and other recycling companies are too often suffering poor rail service and seeing skyrocketing fees.
The Basel Convention Conference of Parties have adopted amendments to the Convention that will impair the trade of recyclable plastics. According to the Institute of Scrap Recycling Industries (ISRI), this effort, intended to be an international response to plastic pollution in marine environments, in reality will hamper the world's ability to recycle plastic material, creating an increased risk of pollution.
Recycling industry calls on U.S. Mint to resume mutilated coin redemption program after unexpected shutdown
The Institute of Scrap Recycling Industries (ISRI) expressed concern over the announcement by the U.S. Mint to re-suspend the Mutilated Coin Redemption Program and is offering its expertise to work with the agency to identify and resolve any concerns as quickly as possible. Along with the Mint, ISRI shares the goal of recovering and recycling coins while protecting the program's integrity.
In recognition of the 49th Earth Day, the Institute of Scrap Recycling Industries (ISRI) is joining individuals and organizations around the world in celebration of the earth and what can be done to preserve it. Earth Day, started in 1970, takes place annually on April 22 in a worldwide effort to save and nurture the environment of which recycling plays a crucial role.
The Institute of Scrap Recycling Industries (ISRI) has praised the U.S. Trade Representative's (USTR) decision to exclude parts used in automobile shredders from a 25 percent tariff on parts bought from China. Often referred to as "wear parts" due to the need to frequently replace them, the large-scale availability of these components is critical to ensuring American recyclers can provide valuable raw materials relied upon by the U.S. domestic steel and aluminum industries in the manufacturing process.
In recognition of its innovative use of recycled plastic, and its product design centered on recycling, the Institute of Scrap Recycling Industries (ISRI) has named Nestlé Waters North America as its 2019 Design for Recycling® (DFR) Award winner. The DFR Award is ISRI's most prestigious award given annually to the most innovative contribution to products designed with recycling in mind. Nestlé Waters has received the award specifically for the design of its Nestlé® Pure Life® 700ml bottle made from 100 percent recycled PET plastic (rPET).
ISRI 2019 began Monday night with the show's traditional opening night reception. Close to 300 exhibitors are at this year's event, along with several thousand registered attendees. On the show floor, companies are showing off the latest expertise, equipment, technology, systems, software, services, parts and more for the scrap recycling industry. ISRI sessions through the week are focused on operations, the latest technology and equipment as well as global markets for metals, plastics, paper, tires and e-waste.