The ICIS Polyethylene terephthalate (Recycled) price report is covered weekly in Europe. This independent and unbiased pricing information provides you with:
Updated to Q1 2020
Supply for PCB was balanced most of Q1, with expectations that seasonal tightness would appear from March. However, concerns around availability increased with the arrival of the coronavirus in Europe in March. Colourless flake availability was balanced-to-long across Europe, with high inventories in the UK throughout the quarter, as well in northwest Europe. FGP availability was balanced throughout the quarter.
Several flake suppliers said 2020 started with increased demand compared to 2019, but could not state why. It could have been due to the realisation that the EU’s 2025 target of 25% recycled content in all PET beverage bottles is getting closer. However, lower virgin PET prices increased talk of substitution away from R-PET during Q1. The coronavirus has seen increased demand for food-grade material during March, while PCB and FGP demand was stable.
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Recycled polyethylene terephthalate (RPET) can be used to make many products including fibre for polyester carpet; fabrics for T-shirts, long underwear, athletic shoes, luggage, upholstery and sweaters
Recycled polyethylene terephthalate (RPET) can be used to make many products including fibre for polyester carpet; fabrics for T-shirts, long underwear, athletic shoes, luggage, upholstery and sweaters; fiberfill for sleeping bags and winter coats; industrial strapping, sheet and film; automotive parts, such as luggage racks, headliners, fuse boxes, bumpers, grilles and door panels; as well as new PET containers for both food and non-food products.
RPET has been largely consumed by the fibre industry as it is sensitive to thermal degradation as well as degradation from contaminants such as polyvinyl chloride (PVC).
Degraded RPET is not suitable for bottle to bottle, strapping and sheet extrusion applications which demand high quality RPET in order retain the PET properties of stability and pressure-resistance.
The level of recycling and availability of RPET differs greatly by country. In Europe, Germany leads the pack and recycles around 50% of its PET. Other countries such as France, UK, Belgium, Netherlands and Italy have also been active in recycling.
Is your organisation exploring ways on how to contribute to the overall plastic waste solution? Are you looking for a way to get much information as you can about the circular economy? You came to the right platform! Do your part by participating at this conference where you can hear essential insights and be heard through our collaborative sessions.