Current Trending Topics in the News with Links to Articles:
- Governmental and Lobbying:
Kickstart: Bonjour, Paris – Plastics Treaty Talks to begin in Paris
Bonjour! Plastics News is going to the plastics treaty talks in Paris next week.
It’s the second of five rounds of negotiations, spread over the next two years, and Steve Toloken from our team will be there, amid the throngs of an estimated 2,700 diplomats and observers from industry, civil society and other groups (and oh yeah, journalists).
Much of what any agreement could say is still to be determined, but industry will be there in much larger numbers than at the first round in November in Uruguay.
States, EPA want tougher green marketing guides for plastics
State attorneys general and the Environmental Protection Agency are pressing the Federal Trade Commission to regulate plastics environmental claims more tightly, calling some uses of the resin code with chasing arrows “problematic” and requiring more proof of the green bona fides of chemical recycling.
Lawyers for both the Connecticut and California attorneys general, part of a coalition of 15 states, told a May 23 FTC hearing in Washington that the agency should tighten recyclability claims.
- Features and News Articles:
Volatility continues as PP resin prices drop
The North American polypropylene market remains as volatile as ever.
PP prices reversed direction in April, dropping an average of 11 cents per pound. PP prices had been up 8 cents in March.
The price drop matched a drop seen in prices for polymer-grade propylene (PGP) feedstock. The increase in March also matched PGP.
Plastics industry social media accounts worth following
Here’s a rundown of a few social media accounts from the plastics industry worth following. See the top 10…
PP market ‘beginning to balance out’; PET only resin price to increase
Two major commodity resins saw lower prices in North America in April, while one material saw a slight increase.
Polypropylene prices in the region dropped an average of 11 cents per pound in April. That price drop matched a drop seen in prices for polymer-grade propylene (PGP) feedstock. PP prices had been up 8 cents in March — again matching PGP — and up a total of 27 cents in the first three months of 2023.
PET bottle resin prices on the rise
The increased demand for bottled water and soft drinks during the summer is leading to more demand for PET bottle resin, prompting a slight increase in pricing.
North American PET bottle resin prices ticked up an average of 1 cent per pound in April as a result of higher feedstock costs. Prices for that material had been flat for two consecutive months after climbing 2 cents in January.
Strong seasonal demand for bottled water and other beverages also played a role in lifting PET prices in 2022, as well as a lack of new capacity and freight and logistics challenges.
- Recycling and Sustainability:
Global plastics recycling market to grow 50% by 2030, report says
The worldwide plastic recycling market will grow by more than 50 percent by the end of the decade, according to a new projection by one market research firm.
Market Research Future valued the plastic recycling market at $41.24 billion in 2022 and said the industry is expected to have a compounded annual growth rate of 7.1 percent through 2030. This would put the market at $66.66 billion in 2030.
Canada wants more recycled content, tougher labeling rules
Canada’s government wants new mandates on post-consumer content in plastic packaging and higher standards for marketing plastics as recyclable, actions it said are needed to boost markets and address consumer concerns over greenwashing.
A draft proposal in April from the agency Environment and Climate Change Canada would set recycled-content requirements between 30-60 percent by 2030 for a wide range of plastic packaging.
Recycling giant Waste Management sees future in film recovery
Plastics are just a small fraction of the recyclables collected and processed by Waste Management Inc., and film is just a small fraction of those plastics. But plastics, including film, have value, and the nation’s largest solid waste management company wants to up its game in that market.
To help propel the Houston-based company in the film recycling arena, Waste Management recently took a controlling interest in Avangard Innovative’s U.S. film recycling operations in Waller, Texas, near Houston, that were then renamed Natura PCR.
Recycling makes plastic toxic, Greenpeace claims
A new report from Greenpeace USA claims that recycling increases the toxicity of plastics.
The report, which appeared under the title Forever Toxic: The science of health threats from plastic recycling provides a catalog of peer-reviewed research and international studies supporting this claim. Publication of the report was timed to appear a few days before the start of the second round of Global Plastics Treaty negotiations in Paris from May 29 to June 2.
It argues that plastics are “inherently incompatible” with a circular economy, concluding that the upcoming negotiations in Paris must focus on capping and then phasing down plastic production.
Plastics Recycling World Magazine
Current Trending Topics:
Has the EU put single serve capsules at the crossroads
A look at the potential impact of the EU’s proposed Packaging and Packaging Waste Regulation on the single-use capsules industry…
Compatibilisation: Getting the best from the mix
Despite the increasing appetite for recycled plastics, the industry continues to face a few practical challenges to achieve a scalable adoption of post-consumer recycled (PCR) and post-industrial recycled (PIR) plastic.
See the latest from additive companies making immiscible polymers work together…
What’s on show at plastics recycling expo in Essen
The Plastics Recycling World Expo will take place at Messe Essen in Germany on 14-15 June 2023. This is the third time the event, organized by AMI, is happening in Essen. Get a preview of those exhibiting…
Precise and powerful: new shredders on the market
Shredding machines are getting better at handling more challenging input material types and sizes, while also delivering higher quality results. Get the details…
Developers work on solutions for process waste
The latest equipment developments for post-industrial plastics recycling focus on the continued emergence of integrated shredder and granulation technologies capable of processing a wider range of plastic waste, while ensuring effective size reduction, floor space use and energy efficiency while allowing for easier handling and downstream processing.
Plastics Recycling World Expo Europe
June 14 – 15, 2023
For More Info and To Book a Booth: https://eu.plasticsrecyclingworldexpo.com/exhibit/become-an-exhibitor?utm_source=PRWMag&utm_medium=ExpromAd&utm_campaign=220221_E080_PA_BYS_Exhib_UK_Prospect_Exhibitors_PRW_mag
Details Coming Soon