AMI

Plastics recycling - wasted time or wasted opportunity?

| Editor: Briggette Jaya

PE recycling rates by conutry/region in Europe based on 2017 data.
Gallery: 1 image
PE recycling rates by conutry/region in Europe based on 2017 data. (Source: AMI)

A study recently published on the plastics recycling industry notes that this industry will need to develop and grow considerably.

The study undertaken by UK-based AMI Consulting reports that in order to meet the 2030 EU plastics packaging recycling targets, along with the effect of the Chinese waste import ban, the plastics recycling industry in Europe will have to double by that time.

The challenge (with growing capacity) is that the plastics recycling industry is a complex, dynamic segment with a varied supply stream and value chain. With prices of recyclate intrinsically linked to the price of virgin resin, demand and the financial viability of the process is often subject to fluctuations in raw material prices. Due to this, demand for recyclate is increasingly coming down as brand owners have the desire to be seen as ‘environmentally friendly’ and ‘green’ and not because of financial incentives. Today, sustainability is becoming increasingly important to consumers. At the same time, the use of plastics is receiving considerable negative press, being focused in debates and discussions. Capturing the value of plastics through reuse and recycling helps retain a product which is primarily derived from the earth’s finite natural resources, while helping to prevent plastic waste leaking into the ecosystem and simultaneously create a circular economy. Because of this the plastics recycling industry is gaining growing attention.

Rising demand for plastics and plastics processing

Rising demand for plastics and plastics processing

07/18/2018 - Plastics are booming. But not only is demand on the rise, quality requirements specified for materials and processing are becoming stricter as well. The Fakuma international trade fair for plastics processing will present modern solutions for high-quality plastics processing in Friedrichshafen from the 16th through the 20th of October, 2018 read...

Although polyethylene is currently the most recycled polymer in Europe, PET has the highest capture rate of plastics waste. Reason being, the main source of PET waste is from the post-consumer collection of PET drinks bottles, which in many countries are widely collected and have longstanding and robust collection systems in place. Where there is container-deposit legislation implemented, PET drink bottle collection rates reportedly reach as high as 96%, as they encourage consumer participation in the recycling system by giving financial incentives.

Developments in mechanical recycling technology are changing the shape of the plastics recycling industry and increasing the ability to recover more plastics in a closed-loop, helping to retain maximum value. However, because of quality and inconsistent supply, large volumes of recyclate are still going to lower value applications. New opportunities are available for those who wish to take advantage of this changing and developing industry.

AMI Consulting’s study, Plastics Recycling in Europe – capacities, capabilities and future trends published in June 2018, gives an evaluation of current capacity in Europe and volumes of additional capacity required by 2030 by the following polymers PE, PP, PS, PET and PVC. The report includes the current industry situation and forecasts. as well as the volume of recyclate consumed by end use application with an evaluation of future demand, along with a discussion as to whether the industry can absorb the volumes of recyclate that will have to be produced to meet targets.

Sustainability is the plastics of the future

Luigi Bandera

Sustainability is the plastics of the future

06/29/2018 - Leading manufacturer of extrusion machinery and equipment for the plastic materials industry Luigi Bandera SpA shows the world that the use of sustainable raw materials is a viable solution. read...

Comments are being loaded ....

Leave a comment

Discuss anonymously or log in Log In

Avatar
To protect our interests, we store the IP address in addition to the above information. This is solely for the purpose of identifying you as the author of the comment. The legal basis is the protection of legitimate interests in accordance with Art. 6 para. 1 lit. f) DSGVO.
  1. Avatar
    Avatar
    Edited by at
    Edited by at
    1. Avatar
      Avatar
      Edited by at
      Edited by at

Comments are being loaded ....

Report comment

Kommentar Freigeben

Der untenstehende Text wird an den Kommentator gesendet, falls dieser eine Email-hinterlegt hat.

Freigabe entfernen

Der untenstehende Text wird an den Kommentator gesendet, falls dieser eine Email-hinterlegt hat.

copyright

This article is protected by copyright. You want to use it for your own purpose? Infos can be found under www.mycontentfactory.de (ID: 45458334 / Markets)