![]() May 7, 2020 ![]() Online ![]() Free ![]() |
As Europe and the US prepare for upcoming legislation enforcing minimum recycled plastic contents and minimum recycling rates, join Platts experts as they discuss the current market situation and how well prepared the markets are to meet these tough targets.
Short term supply has taken a significant knock from the outbreak of coronavirus. Despite the waste and recycling industry's essential public health role, several areas across the US have suspended curbside and drop-off recycling programs, creating a new wave of complications for the recycled plastics industry.
Supply is already the main challenge for companies looking to increase their use of recycled plastic and demand is only set to grow. As early as last year, the supply/demand imbalance caused R-PET flake prices in Europe to price at a premium to virgin resin for the first time and this is now also seen in the recycled HDPE market. There simply is not enough supply to meet current demand, and the market wonders how there will be enough supply to meet the further demand in 2025.
Platts experts will take a close look at the unique challenges facing supply in the US and Europe and what initiatives are in place to help bolster it. How effective are deposit return schemes? Will converters look to redesign more efficient packaging and how effective will this be? What role can plastic play in the circular and sustainable economy, when many are turning to other packaging materials?
Global Lead, Recycled Plastics
S&P Global Platts
Managing Editor, Olefins & Polymers, EMEA Petrochemicals
S&P Global Platts
Senior Lead for Platts Analytics, Global Petrochemicals
S&P Global Platts
Associate Editor, Americas Petrochemicals
S&P Global Platts
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