Wastepaper market in the dumps?
With Chinese demand -- and prices -- plunging, reclaimed cardboard that is normally exported by the ton stacks up in Southland warehouses.
By David Pierson
December 9, 2008
Bales of shredded cardboard, paper and packaging are arranged into towers several stories high inside Steve Young's 130,000-square-foot warehouse in Commerce.
Trucks have been unloading 600 tons of the wastepaper each day for more than a week, leaving the cavernous building filled nearly to capacity.
Ordinarily, much of the scrap would have been shipped to China, where it would be mashed into pulp and recycled into new cardboard boxes to package many of the goods destined for American store shelves.
But American consumers aren't buying so many nicely packaged televisions, computers and toys these days. And China's economy is slowing too.
What are we going to do with all this paper?
I guess it will all go into the landfills, but i hate to do that
