Casper van den Dungen, Petcore Europe Vice President, added, “As regards the quality of the bales, a shift to more high-quality markets also requires a stable and high level sorted input. The survey confirms an increased waste ratio at the recycling stage. Therefore, efficiency increase in collection and sorting is needed and would also contribute to cost reduction of the total system in the long term.”
Compared to 2014, the capacity increased by 2.5% and the actual processed volume grew by 7.2%. With an actual processed PET amount of 1,773,200 tonnes and the nominal input capacity of 2,147,600 tonnes, the industry average operating rate approached 83% in 2016, compared to 79% in 2014.
“This is a positive result, especially considering all the challenges that the r-PET industry is facing: Low virgin resin prices, r-PET pricing, pressure on margins, decreasing quality of bales and rising process loss,” said Crepet.
With 38%, the major market for r-PET in 2016 remained sheet, followed by blowmolding applications with 26% and fibers with 24%. The remainder—just over 11%—is used for strapping and other applications, said the survey’s summary.
The complete report is available for all Petcore Europe members; non-members can request the report directly from Helen McGeough at PCI Wood Mackenzie.