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Due to their inherent economic properties (read: benefits), recycling practices have been around for a long time (just ask your grandparents!). No surprise, then, that the recycling industry has been around for a while, too.
Traditionally, recyclers have operated largely as de facto commodity traders--that is, buying something (refuse material) for a dollar and selling them (to processors) for two. Aluminum cans, cardboard, newspaper, and scrap metal are some of the more well-known materials that hold value, but increasingly there is a market for newer technologies (i.e. PET, HDPE, LDPE, etc.), as well. "Traditional" recycling companies rely on the values of these materials in order to generate revenue, meaning that a given material's market value dictated if it was viable...
Last updated on January 17, 2011 by Eddie Lott