Buried Treasure. Uncovered data about OCC in the US. (Results of New Investigative Reports)
Myles Cohen, Founder, Circular Ventures LLC and Ryan Fox, Corrugated Market Analyst, Bloomberg
Bloomberg Intelligence and Circular Ventures, LLC have collaborated to provide a better understanding and more transparency regarding the size of the U.S. OCC market, including net imports of boxes, how much is really recycled, and how much goes into USA landfills. While an initial estimate was previously presented several months ago, more in depth research has been conducted to have a deeper understanding of the OCC market, which is the largest packaging category domestically and globally. In this session you will see data that has never been previously revealed.
Myles Cohen is a well-known and highly regarded recycling and sustainable packaging executive with an in-depth experience in recycling, waste, sustainable packaging, public policy & gov’t advocacy. He has served as a senior executive in leading large multi-national for-profit organizations, while also serving in voluntary executive, board and officer roles in not-for-profit trade associations working on recycling, environmental policy and advocacy work on behalf of the recycling industry which earned him a Lifetime Achievement Award by one of the largest state recycling associations. He has been a sought-after keynote speaker, panelist, or moderator at multiple industry events due to his expertise and foresight regarding recycling, waste, and sustainability issues.
During his last corporate role before forming Circular Ventures, LLC, Cohen served in various roles at Pratt Industries, the largest family-held 100% recycled packaging company in the world. He served on the Global CEO’s executive committee helping to lead the growth of Pratt Industries from the 45th to the 5th largest corrugated box company in the USA. During his tenure at Pratt, he has held the roles of President of Pratt Recycling, President of Supply Management, and Executive Vice President. Throughout his career in the sustainable packaging and recycling industry, he has lead organizations that have bought, sold, and traded tens of millions of tons of recovered materials to turn into new products, ultimately diverting them from ending up in landfills. In addition to his involvement at Pratt Industries, Cohen was an executive for another packaging company also steeped in a great heritage of environmental sustainability, Sonoco Products Company, where he served as President of Sonoco Recycling. Between Sonoco and Pratt, Cohen and the teams he led, built, designed or managed more that 40 MRFs (Material Recovery Facilities) during his nearly two decades in the industry. During that time, he, or the team he directed, negotiated and managed residential curbside recycling and waste contracts with municipalities, counties, and solid waste districts around the U.S.A. The MRF contracts negotiated during his tenure at these companies included several public/private partnerships to optimize the collection, processing and value of the recyclables, while maximizing landfill diversion. In addition, Cohen managed the sourcing of recyclables from hundreds of commercial and industrial facilities including retailers, manufacturers, and multiple other types of industrial facilities. Over his career he has led teams that have processed, bought, sold, or brokered over 50 million tons of recyclable materials.
During the past nearly 2 decades that he was a leader in the recycling industry, he has served as a Board member as well as an Executive Committee member for ISRI (the Institute of Scrap Recycling Industries), which is the pre-eminent trade and advocacy association for recyclers, with 1,300 member companies representing scrap paper, plastic, tires, electronics, ferrous metals and non-ferrous metals. He has also served on several other regional, state and national trade associations such as the AF&PA (American Forest & Paper Association), and The Paper Recycling Coalition to name a few.
Prior to becoming involved in these circular economy industries, Cohen served in senior management roles for other high profile multi-billion dollar companies. He spent two decades at Duracell Batteries having started when the brand was in its infancy, and becoming a senior-level executive by the time Duracell was the leading premium battery brand in the world. Cohen departed Duracell after the 7th ownership change during his career there, and joined a large national commercial lender, Fleet Capital (now Bank of America Business Credit), where he worked as an executive that provided M&A financing and working capital to middle-market companies and private equity firms.
Ryan spent 10 years in packaging sales before jumping into industry reporting in 2020 with Bloomberg's Green Markets. He has since focused on forming relationships with box producers and building supply-and-demand models to better understand what moves the market. Ryan's love of data led to a variety of opportunities in the corrugated industry, beginning in 2010 at a small AICC member sheet plant in North Carolina. He was recruited to an integrated company in late 2014.