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Stock impact report

As California's recycling industry struggles, companies and consumers are forced to adapt [Los Angeles Times (CA)]

Republic Services, Inc. (RSG) 
Last republic services, inc. earnings: 2/13 04:06 pm Check Earnings Report
US:NYSE Investor Relations: republicservices.com/investors
Visiting the Burbank recycling center is like stepping into an archaeological dig. Everywhere there is evidence of consumption — kombucha bottles, cardboard delivery packages, plastic water bottles, toothpaste tubes, vitamin bottles, and plastic bags. “Our garbage tells our story,” said recycling coordinator Kreigh Hampel. “It drives home how disposable our lives are.” Not long ago, these byproducts of a throw-away lifestyle found a market in China, allowing Americans to toss their garbage in recycling bins with a seemingly clean conscience. But in late 2017, China imposed a stringent ban on imports of certain scrap papers and plastics, creating a glut of material and roiling the global recycling industry. Now, as still more Asian nations prepare to follow China’s lead, California’s recycling industry is struggling, posing hard choices for a state that prides itself on its image as an environmental beacon. A big hit came this month when RePlanet, California’s largest operator of recyc Show less Read more
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