LyondellBasell and SUEZ finalise recycled plastic facility joint venture

A 50/50 joint venture between Dutch plastics and chemicals company LyondellBasell and French recycling and waste firm SUEZ to create Quality Circular Polymers (QCP)...

Spectra Packaging launch post-consumer recycled plastic bottles with 10% minimum content

Spectra Packaging has announced the launch of post-consumer recycled (PCR10) plastic bottles as part of the company’s environmental initiatives.   These new products will see the company add a minimum of 10% PRC material,...

Secondary Markets Commentary – 9 March 2018

Material is moving, but market continues to be in winter with no signs of spring emerging as yet It has to be said that the...
Plastic bottle bales PET

China launches Blue Sky 2018 to inspect waste imports

A new programme of inspections of waste imports has been launched by Chinese customs authorities. Blue Sky 2018 will run from March to December and...

China to completely ban imports of foreign waste

Chinese Premier Li Keqiang has said that the country will completely ban imports of foreign waste. In his speech to the opening of the 13th National...

Malaysian plastic recycler reports handling 28% more material after China ban

The ban on imports of plastics to China has led to one Malaysian recycling company handling 28% more material. In an interview with the Xinhua news...

Müller to increase use of recycled plastic by acquiring milk packaging facilities

British company, Müller, has said it is intending to acquire the capability to manufacture its own fresh milk packaging in the UK.  The company said this move...

European flexible PE recycling capacity has grown by 800,000 tonnes since 2015

The installed capacity for recycling polyethylene (PE) in Europe has increased by 800,000 tonnes since 2015. According to trade body Plastics Recyclers Europe (PRE), the...
Recycling market week ahead

Market conditions – looking ahead (5 March 2018)

Now that the weather across the UK is improving, we should expect more of a return towards normal this week. The heavy snow and strong...

Secondary Markets Commentary – 2 March 2018

The optimism from the end of last week that this might be an improving week for the recycling market was smothered by a layer...
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Daily FX - USD

USD - United States Dollar
GBP
1.3340
EUR
1.1126
CNY
0.1434
MYR
0.2419
IDR
0.0001
INR
0.0141
THB
0.0331

Daily FX - GBP

GBP - British Pound
USD
0.7496
EUR
0.8341
CNY
0.1075
MYR
0.1813
IDR
0.0001
INR
0.0106
THB
0.0248