Markets Matter, Ohio Matters, and China Pratt Recycling Todays - - PowerPoint PPT Presentation

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Markets Matter, Ohio Matters, and China Pratt Recycling Todays - - PowerPoint PPT Presentation

Markets Matter, Ohio Matters, and China Pratt Recycling Todays Topics Pratt Overview Pratt in Ohio Top Trends and factors in Recycling China 2 About Pratt USA and Ohio 3 Pratt Industries Overview ~$3.0 Billion and


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Pratt Recycling

Markets Matter, Ohio Matters, and China

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Today’s Topics

  • Pratt Overview
  • Pratt in Ohio
  • Top Trends and factors in Recycling
  • China

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About Pratt USA and Ohio

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Pratt Industries Overview

~$3.0 Billion and Growing………… Fully integrated, privately-held packaging company Recycle nearly 3.0 million tons of materials annually ~40 million trees saved annually 5th Largest U.S. paper and packaging company – 7,500 employees Largest 100% Recycled corrugated packaging company in North America Large user of mixed paper in North America 4 soon to be 5 -100% Recycled Paper Mills…. Today Mills consume ~10 million pounds/day of recycled paper 68 factories in North America 18 Material Recovery facilities (MRFs)

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Close-the-Loop Integrated

Pratt…a true “Circular Economy” company

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Pratt Purchases nearly 300 MM pounds

  • f paper every year from the state of Ohio.

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And, we need more!

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Wapakoneta New Pratt Recycle Plant

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Midwest Growth Pratt’s New 100% Recycled Papermill Wapakoneta

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State of the Art Technology

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Markets, Domestic and Global…..

Impacts:

  • What we Recycle
  • How we Recycle
  • The future of Recycling

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Midwest Pricing Volatility

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  • Everybody wants to be seen as “sustainable”
  • Big push to put more “in the bin”
  • Examples:

– Foodservice Packaging – K-Cups – Flexible Film

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Domestic Markets

Now’s just not the best time!

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WISHFUL RECYCLING

Consumers also want to “HELP”

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Biggest Issue…Contamination!!

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Contamination!!

Most cities understating level of contamination

ü Its not 15% 20% ü More like 30% 40%

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Rejects F From O Our P Papermill Ch China now s says…”Enough i is E Enough”

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China and Export

  • China Ban…Never an issue of “IF” it would happen, but “when”
  • No more Mixed Paper from the US
  • We did it to ourselves

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So, where do we go from here?

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So, What do we do now…

  • Focus on Quality
  • Take a hard look at any new items
  • Find a solution for glass. Not in single stream
  • Focus on underserved small and medium commercial recycling for

core items…paper and plastic.

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Coming soon Pratt Papermill Wapakoneta