A couple of RW papers have picked up on this story today, and it is going to cause huge problems if the market for recycled goods dries up as many councils over here put a lot of time and effort into recycling.
http://www.telegraph.co.uk/earth/4091532/First-glimpse-of-rubbish-mountains-caused-by-recycling-industry-slump.htmlA slump in demand for recyclable materials means local authorities and their contractors cannot shift the waste and are being forced to store it in stockpiles. At Greencycle's warehouse, in County Durham, the mountain of paper, card, glass and plastic bottles now weighs almost 3,000 tonnes. Before the current crisis, the site would normally contain just 500 tonnes of waste at any one time.
The stockpile began to grow when the market for recycled card, paper and other materials dried up. Paper mills and other recycling processors shut their doors to new deliveries, leaving suppliers in the UK with increasing amounts of rubbish on their hands.
The crisis has begun to ease in the past few days, with mills and other processors once more accepting deliveries. However the market is still volatile and the price paid for recyclable waste has remained at a record low, raising the fear that more local authorities will begin dumping it in landfill sites.
The price of recycled cans has fallen from £200 a tonne to £20 a tonne. Paper and card has fallen from £60 a tonne to just £10 a tonne, while certain plastics have halved to around £50 a tonne.