Shortage fuelled switch from virgin to recycled polyolefins could prove permanent for some grades Se
Shortage fuelled switch from virgin to recycled polyolefins could prove permanent for some grades Severe shortages of virgin polyolefins are driving substitution to recycled polyolefin alternatives. With ongoing regulatory and consumer pressure against single use plastics, for some grades there may not be a swich back.Europe recycled polyolefin pellet values are once again at their most competitive levels against virgin on record across all grades, as virgin price rises continue to outpace those in the recycled polyolefins chain.This is despite recycled polypropylene (R-PP) currently being at record high levels, and prices for recycled polyolefin pellets having risen by up to 55% since the start of 2021. -- source link
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