Ardagh Metal Packaging (AMP) and Crown Holdings, along with the Washington-based Can Manufacturers Institute (CMI), plan to provide financing for leases of can-catching equipment for recycling facilities.
According to a press release from CMI, this new leasing option allows Material Recovery Facilities (MRFs) to take delivery of the equipment at no cost and pay for it through additional cans captured with the equipment. CMI will also continue to offer grants for the capture of aluminum cans. Last year, AMP and Crown helped finance five scholarships through a program in association with The Recycling Partnership that went towards the purchase of can catcher equipment at MRF.
To show the economic and environmental impact of the need for additional can capture equipment, AMP Y Crown funded in-person tests at three MRFs that showed what it calls “significant opportunities” to catch misclassified cans. CMI reports that the test focused on five points in the three MRFs where cans tend to missort, and those five points averaged between seven and 36 missorted UBCs each minute.
“The CMI model finds that if all of the more than 350 MRFs that sort residential recyclables in the United States had a perfect used beverage can (UBC) sort, 3.5 billion cans could be captured,” says Jennifer Cumbee, director of MPA sustainability. “We are committed to continuing to activate additional can capture equipment at MRF as part of our industry effort to take advantage of our industry-leading recycling rates and recycled content, further strengthening the beverage can as the ideal sustainability choice for our customers. customers”.
In addition to the trial program, CMI has also launched two additional online resources for MRFs to determine the benefits of additional can catch equipment. One is easy to use ROI (ROI) calculator to determine the ROI of installing additional can capture equipment. The other tool is a companion. Playbook that explains how to test can misclassification levels and then plug the data into CMI’s ROI calculator.
“This initiative is designed to aggregate field data, produce useful tools and develop new MRF case studies by using the revenue from the equipment’s captured cans to pay for its cost,” says John Rost, vice president of global sustainability and regulation. affairs at Crown. “With these new test points and tools, the goal is to encourage recycling facilities across the country to choose to invest their own capital to capture more UBC, often the most valuable commodity flowing through MRFs.”
Resource recycling systems (RRS), Ann Arbor, Michigan, conducted the tests on behalf of CMI in March and April at three MRFs varying in levels of modernization and geographic locations. CMI says the test results indicate the ability of revenue from captured cans to pay for investments in can capture equipment.
While actual revenue generation may differ for MRFs based on regional factors, test results showed that the average annual revenue loss from beverage cans per leak was $71,940 using a five-year average of beverage can prices. UBC junk. CMI advises that at this level of revenue, it will only take an average of three years of cumulative revenue from cans captured at one of these loss points to equal the cost of acquiring, installing, and operating additional equipment at a loss point that ensures cans are captured.
“A lease where the captured material pays for the equipment is especially well-suited for aluminum beverage cans because UBCs are one of the most valuable commodities in the recycling system,” says Scott Breen, vice president of sustainability. of CMI. “The plan is to use the money returned from the loans to finance equipment at other MRFs.”
Additionally, data from these three facilities shows that nearly 22 million more UBCs could be captured each year at these three MRFs if additional can capture equipment were installed at the points tested.
CMI says that MRF operators interested in testing their facilities or looking into CMI financing options should contact Breen at email@example.com.