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(AMM) Oregon’s revised bottle law boon for recycling, not yards

June 11, 2011 - 02:47 GMT Location: Pittsburgh

KEYWORDS: Oregon , bottle bill , John Kitzhaber , recyclers

Oregon’s governor has signed off on a revision to the state’s 40-year bottle bill that will double the deposit value if redemption rates fall below a certain threshold two years in a row. While the move almost certainly will boost recycling rates, it could mean little to scrapyards operating in the state.

But the impact will be minimal to scrapyard business, one major recycler in the state said of the updated law. He noted that the 5-cent price paid now at the state level is already much higher than scrapyards pay for cans, making it more lucrative for sellers to use state redemption centers than scrapyards.

"We pay 55 cents a pound for cans, which equates to about 1.7 cents a can. It is already worth a lot more to a seller to use...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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