To be Published: December 2019
The plastics recycling industry has never before been under the spotlight to such a degree as it is today. Sustainability is ever more relevant in today’s society and plastics waste is at the forefront of many debates and discussions around the drive towards a more circular economy. Accordingly, the issue of waste is increasingly on the agenda of governments around the globe, with new policies and legislation bringing new targets for the recycling of plastics.
Capturing the value of plastics through recycling and reuse not only helps retain a product which currently primarily derives from the earth’s finite natural resources, but also helps prevent the leaking of plastic waste into our environment.
The plastics recycling industry is a complex, dynamic segment with a varied supply stream and value chain. With prices of recyclate intrinsically linked to the price of virgin resin, demand and the financial viability of the process is often subject to fluctuations in raw material prices.
Rigid polyolefin, particularly HDPE and PP, recycling encompasses a wide range of products, from packaging to pipes, making its supply chain diverse and wide-reaching. The implications of this are that the different waste streams are governed by varying legislation and policy.
Developments in mechanical recycling technology are changing the shape of the plastics recycling industry and increasing the ability to recover more rigid polyolefins in a closed-loop system, helping to retain maximum value. New opportunities are available for those who wish to take advantage of this changing and developing industry.
AMI has prepared the ranking of the European 50 biggest mechanical recyclers to provide a practical reference of key actors’ operations. This multifaceted analysis will serve those looking to invest, or vertically integrate, into the recycling value chain to facilitate their industry orientation.