In the second of a two-part Sustainably Speaking podcast special, Helen McGeough, ICIS Global Analyst Team Lead for Plastics Recycling talks to long-standing veterans of the European recycling industry about the current state of the market and steps for the future.
In Part 2, Helen is joined by Bernard Merkx who has an extensive background in the recycling industry and is the former President of Plastics Recyclers Europe, to take a look at the challenges still facing the recycling markets today, including:
- Risk of bankruptcies, high energy costs and price volatility to persist to 2027
- New recycling capacities focused on packaging at the expense of the automotive and construction sector despite upcoming recycled content targets
- How imports into the EU remain essential in the short-term
- Plus some calls to action for Europe’s recycling industry
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