European PET recycling strategy faces meltdown

PRW Staff

Published: February 4, 2013 12:47 pm ET
Updated: February 4, 2013 12:51 pm ET

Related to this story

Topics Materials, Sustainability, Recycling

BRUSSELS -- Europe's PET recycling industry is being threatened by what experts have called "persistent structural market failures" across the region.

According to Brussels-based trade body Plastics Recyclers Europe (EuPR) the current collection infrastructures have reached their limits.

EuPR said while the collection of PET bottles had stagnated at around 50 percent, uncollected PET was still being landfilled or incinerated.

"Europe is not maximizing the sustainable use of a valuable resource such as post-consumer PET," said Casper van den Dungen, chairman of the EuPR PET working group.

The group said due to intensive lightweighting and complex bottle design the average costs of recycling had increased substantially in recent years. Such increased costs cannot currently be corrected by further economies of scale, it said.

Conversely, recent years have seen an increase in demand for recycled PET, leading to a significant increase in investments in many new recycling lines.

Van den Dungen said "the combined effect of these market failures are causing recycling plants to operate at well below 75 percent of their capacity."

And a potential lifting of currently existing anti-dumping duties on virgin PET "could further worsen the EU industry's position.

"Until today, PET has been an undisputed success and example for sustainable development. It can remain so in the future if the collection moves upwards to another level and the virgin PET is fairly marketed," van den Dungen added.

In order to boost PET resource efficiency, Europe needs a well-managed and balanced value chain, he argued.

EuPR was "striving to reform the current European Union (EU) PET recycling infrastructure and to improve the current imbalances – for this we will need support from other stakeholders and especially the EU institutions if the goals of the present and future EU Waste and Recycling Directives are to be achieved", he added.


Comments

European PET recycling strategy faces meltdown

PRW Staff

Published: February 4, 2013 12:47 pm ET
Updated: February 4, 2013 12:51 pm ET

Post Your Comments


Back to story


More stories

Image

Akro-Plastic buying German subsidiary from Metabolix

October 24, 2014 3:32 pm ET

Akro-Plastic GmbH, a Niederzissen, Germany-based plastic compounder, has purchased the assets of Metabolix Inc.'s subsidiary in Germany.    More

Image

German export sales strong, push for energy savings continues

October 24, 2014 12:34 pm ET

Germany is the engine that drives the European economy — and when it comes to the plastics industry, German machinery is a potent force, an...    More

Image

BASF pre-tax earnings rise, but will miss financial targets for 2015

October 24, 2014 10:16 am ET

BASF SE has raised its expectations for pre-tax earnings in 2014 but warned that it would not hit its financial targets for next year.    More

Image

Sabic, Shell cancel expansion for SADAF joint venture in Saudi Arabia

October 24, 2014 9:19 am ET

Saudi Basic Industries Corp. and Royal Dutch Shell have cancelled plans to expand an existing petrochemical joint venture in Saudi Arabia following...    More

Image

Sadara CEO says Middle East now has 20 percent of global ethylene capacity

October 24, 2014 9:33 am ET

Sadara CEO Ziad Al-Labban claims that the Middle East's ethylene capacity is now 20 percent of global production.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events