European recycling markets reel from coronavirus
Overview:
Closed boarders, a lack of manpower and a lack of collected materials create a logistical nightmare in the supply chain. The disruption to the pan-European trade flows due to the coronavirus pandemic is creating ongoing uncertainty across the board.
“The price for products such as colourless R-PET flakes and food-grade pellets, high density polyethylene (R-HDPE) natural and food-grade pellets and R-PP natural pellets are all now higher than virgin material, it only adds to the possibility of further substitution back to virgin.”
Mark Victory and Matt Tudball investigate the knock-on effects the coronavirus is having on the recycled plastics market in this detailed insight piece.
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