14 March 2013 20:10 [Source: ICIS news]
MEXICO CITY (ICIS)--Post-consumer PET waste collection in Ecuador is gauged at 90% after government initiatives were implemented, Lorena Ricaurte, manager of the Ecuadorian Plastics Association (ASEPLAS), said on Thursday.
Ecuador has the highest PET collection rate in the world, Ricaurte said on the sidelines of the 18th annual Plastimagen international plastics exposition and conference.
As a reference, other market participants at Plastimagen cited post-consumer PET collection rates at 50% in the United States and 70% in Mexico.
The PET waste-handling system in Ecuador involves collection centres that pay 2 cents/lb to individuals for bottles delivered.
Recyclers, in turn, buy the bottles from the collection centres at 2 cents/lb, receiving a certificate for each purchase. The recyclers then obtain 2 cents/lb from the government on presentation of the purchse certificate.
The government covers its payments to recyclers from miscellaneous tax collections, not necessarily on the PET industry.
Flakes produced by the recyclers are generally exported.
Ricaurte concluded that the waste PET recovery system has proved successful in Ecuador, rewarding collectors, increasing employment and reducing garbage.
Plastimagen ends on Friday.
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