Eastern Europe, Dutch R-PET deliveries delayed by severe weather

25 March 2013 16:14  [Source: ICIS news]

LONDON (ICIS)--Recycled polyethylene terephthalate (R-PET) flake and post-consumer bottle deliveries from eastern Europe and Holland are being delayed by severe weather conditions, sources said on Monday.

Sources estimate lead times have been increased by 2-3 days because of severe weather conditions delaying truck deliveries.

Pipelines are empty because inventory levels have been rationalised on cash-flow concerns, meaning that supply shortages could be felt quickly in the market.

Low availability of feedstock post-consumer polyethylene terephthalate (PET) bottles have already tightened the supply of R-PET flakes.

The major source of post-consumer PET is used in plastic drink bottles, fewer of which are consumed in colder temperatures.

($1 = €0.77)

By: Mark Victory
+44 208 652 3214

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