Scotland offers loans to plastics recyclers

Anthony Clark

Published: September 17, 2012 6:00 am ET

Related to this story

Topics Public Policy, Sustainability, Recycling

EDINBURGH, SCOTLAND (Sept. 17, 8:35 a.m. ET) — The Scottish government has established a $4.05 million loan scheme to help support plastics recyclers. The fund will be administered by Zero Waste Scotland and Scottish Enterprise.

The scheme, which builds on recent studies to identify viable business opportunities to boost plastics recycling in Scotland, will support a range of projects from plastic bottles and rigid plastics, such as yogurt pots, to those that have traditionally been more difficult to recycle, including plastic films, PVC window and door frames and plastics from waste electrical equipment.

Scotland’s environment secretary, Richard Lochhead, said: “With 280 million bottles collected for recycling a year, Scotland is already making progress in realizing the value of waste plastic. Zero Waste Scotland’s research highlights how there is potential for businesses to recycle more and different varieties of plastic. The loan fund has been set up to support businesses to take these types of ventures forward.

“It is part of our drive to maximize the economic and employment benefits of recycling resources again and again, establishing a more circular economy in Scotland.”

Scotland generated around 500,000 metric tons of waste plastic last year, according to government figures. Only around one-fifth of this was able to be recycled and most of this was sent to facilities in England or overseas.

Expanding the country’s capacity to recycle plastic could create hundreds of new jobs, boost Scotland’s economy, and help to meet the Scottish Government’s target to recycle 70 percent of all waste by 2025.


Comments

Scotland offers loans to plastics recyclers

Anthony Clark

Published: September 17, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

PE suppliers go after oxo-biodegradable technology in Mexico

July 31, 2014 1:12 pm ET

Mexican industry defends itself, calling claims 'misleading'    More

Bioplastic created using rice starch

July 31, 2014 10:40 am ET

The new transparent, biodegradable material has a high degree of mechanical strength and good thermal resistance.    More

Image

DC banning PS foam containers

July 30, 2014 2:34 pm ET

Washington D.C. Mayor Vincent Gray signed into law on July 29 a bill that will ban polystyrene foam food and drink containers from the District.    More

Image

Pressure is on to replace aging gas pipes

July 30, 2014 2:47 pm ET

Polyethylene is the plastic replacement material of choice for modernizing the natural gas distribution system — so much so some are concerned...    More

Image

Sainsbury, Schoeller Allibert to recycle food handling crates

July 30, 2014 1:37 pm ET

British retail group Sainsbury's has contracted Dutch recycler Schoeller Allibert BV to reprocess all of its old food crates back into food-grade cont...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events