, which can happen legally or illegally, can yield substantial profits. In fact, the global value of legitimately traded cardboard is expected to reach $5.4 billion in 2024, up from $4.3 billion in 2017.
Recycled cardboard is worth its weight in "beige gold," with a ton of it going for roughly $108. When cardboard is illegally sold, "legitimate recycling firms, and the city and other local authorities who take a cut from their sales, are missing out on tens of millions," according to the BBC. Normally, cardboard boxes are sent to China to be pulped in order to make new boxes. But clever thieves intercept the packages before they can be sent back out for recycling.
The issue has become so rampant in countries like Spain that task forces have been formed to bust these cardboard recycling rings. In 2018, 42 men were accused of taking part in 11 of 18 illegal recycling routes in Madrid, stealing and shipping 67,000 tons of waste totaling $11.8 million. It has been estimated that the city of Madrid lost $18.9 million.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Inside Benetti's 353-foot hybrid gigayacht 'Luminosity' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I may be mistaken but I think it's currently docked in Portofino, Italy. My offer, 1 Bitcoin
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Inside the French Riviera's pandemic party problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Houston we have a problem.... or in this case, France. 25 guys and only one woman, huge problem.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Moving from California to rural Maine town during coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Oh yeah, GFY! ErikSTownsend hmmmm
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
In-demand remote jobs that are hiring during the coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
Elon Musk tripled his net worth during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. elonmusk if you and the others have one trillion. Could I have just only one billion please and thank you 🙏🙏🙏🙏🙏🙏 We could've had bernie Sanders
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »