Today's KNOWLEDGE Share : What Is Going Wrong in UK Plastics Recycling?
Today's KNOWLEDGE Share What Is Going Wrong in UK Plastics Recycling? Biffa shut its Sunderland plant. Viridor walked away from Avonmouth and Rochester. Yes Recycling Fife collapsed within a year. All three were backed by major investments All three had buyers lined up for recyclate All three are now offline This is not bad luck It is bad structure Over the next four posts I will break down: 1. Why cheap virgin imports are undercutting UK recyclers 2. How weak policy enforcement is fuelling market failure 3. What volatile PRNs and cheap exports are doing to infrastructure 4. Why demand from brands is softer than their promises Let’s start with the first: **Cheap Virgin Resin = Broken Economics** Virgin PE, PP, and PET have been flooding the global market. New capacity in Asia and the US has driven prices down 30 to 40 percent. Meanwhile, recycled plastic costs more to produce in the UK than it can sell for. We are asking UK recyclers to compete with materials made in places with – ...