Europe recycled 60 billion PET bottles in 2012

EUROPEAN PLASTICS NEWS

Published: August 13, 2013 2:35 pm ET
Updated: January 27, 2014 8:37 am ET

Related to this story

Topics Recycling

Europe recycled more than 60 billion PET bottles last year, as recycled PET continues to make inroads into new markets, according to industry association Petcore Europe.

More than 52 percent of all post-consumer PET bottles were collected for recycling (1.68 million metric tons), up from the collection rate of 51 percent the year before.

The increase in collection has helped ease overcapacity issues in the region, and recyclers now have an average plant utilization rate of 80 percent.

Last year, all but two EU member states achieved PET recycling rates above the waste directive target of 22.5 percent for plastics.

The largest end-market for recycled PET was fibers but the sheet and bottle markets are both showing "strong growth," according to the association.


Comments

Europe recycled 60 billion PET bottles in 2012

EUROPEAN PLASTICS NEWS

Published: August 13, 2013 2:35 pm ET
Updated: January 27, 2014 8:37 am ET

Post Your Comments


Back to story


More stories

Image

Trex sets quarterly sales record with more business on tap

October 28, 2014 1:09 pm ET

Composite deck maker Trex Co. Inc. set sales and earnings records for the third quarter of 2014 and is on track to see revenue reach $388 million for ...    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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events