All Plastics Recyclers Europe articles
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ArticlePlastics Recyclers Europe: High energy prices could drive recycling companies out of business
Plastics Recyclers Europe has warned that plastic recycling companies could be driven out of business by skyrocketing energy prices, with energy reportedly now representing up to 70% of operational costs.
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European recyclers report low availability of sorted plastic waste
According to Plastics Recyclers Europe, the availability of sorted plastic waste is currently low enough to be negatively impacting the operations of plastic recyclers across Europe, with the organisation warning that this presents a barrier to meeting the EU’s recycling targets.
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Plastics Recyclers Europe reports a 13% increase in installed plastics recycling capacity
According to data from Plastics Recyclers Europe, the total installed plastics recycling capacity in Europe increased by 13% in 2020. The organisation suggests plastic recycling activities could triple by 2030 with the right legislative support, enhanced collection and recycling, and advancements in recycling technologies.
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How will the PET industry deliver its sustainability targets?
According to a report by Plastics Recyclers Europe, new data points to a growing PET recycling market and future opportunities for DRS – although discordant policy implementation and recycling capacity continue to challenge the industry’s circularity goals.
