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)
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