The US is doing more stateside recycling these days, and from this article it sounds like recycling bottles is actually a profitable business.
https://www.theatlantic.com/technology/archive/2015/12/what-...
https://www.theatlantic.com/technology/archive/2015/12/what-...
It is no longer the case https://www.npr.org/2019/08/20/750864036/u-s-recycling-indus...