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 Sustainability, Materials, 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

FTC warns bag makers to take care before making biodegradeability claims

October 23, 2014 12:30 pm ET

Makers of oxodegradable or oxo-biodegradable plastic bags should consider themselves on notice, according to the U.S. Federal Trade Commission.    More

Image

Packaging specialist Amcor hits sustainability goals ahead of schedule

October 23, 2014 11:15 am ET

Global packaging company Amcor Ltd. has achieved its waste reduction goals two years ahead of schedule, according to the company's new sustainability ...    More

Image

Total picks new management following CEO's death in crash

October 23, 2014 11:03 am ET

Total SA has picked a new management team to oversee the company in the wake of a plane crash in Moscow that killed its chairman and CEO earlier this ...    More

Image

Report: Private equity companies may seek to buy Bayer MaterialScience

October 23, 2014 10:56 am ET

A number of investment groups are reported to be interested buying Bayer AG's MaterialScience operation, valued at around 10 billion euros ($12.6...    More

Image

Plastics lead Dow's quarterly growth

October 23, 2014 10:15 am ET

Dow Chemical Co. has announced its third quarter results for 2014 showing a 5 percent increase on the third quarter of 2013, rising to $14.4 billion f...    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