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One key point that the comment above misses is that brand owner commitments to use more recycled material, a point reinforced last week at the Plastics Recycling Conference, along with regulatory requirements and increased consumer demand, all point to continued growth in the demand markets for utilization of recycled plastic.
This article is poorly timed – it relies on data from 2014 when commodity prices were at an all-time high, making recycling profitable. Since then, commodities have tumbled, losing more than half their value, and what was previously recycled is now being landfilled. I bet the data will show 2015/2016 as a ten-year low for plastic recycling rates.
where ar you?
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Hi Deepa How are you . Its good to know now you are in USA. Highest Regards