- THE MAGAZINE
- VERTICAL MARKETS
PET is the largest plastic material recycled in Europe, with the equivalent of more than 60 billion bottles recycled in 2012.
Petcore Europe (www.petcore-europe.org) chairman Roberto Bertaggia says, “Despite the poor economic situation in the European region, the consumption of PET bottles is still showing clear trends of penetration into new market segments through innovative packaging and the recognized capability of PET to be recycled. From a sustainability perspective, our industry is thrilled to have achieved an overall collection rate in 2012 of more than 52% of all post-consumer PET bottles available in the region.”
“With the exception of two members, all EU Member States managed to achieve PET recycling rates above the Packaging & Packaging Waste Directive target of 22.5% for plastics,” Bertaggia adds.
Casper van den Dungen, PET chairman at Plastics Recyclers Europe, says, “The overall European collection of PET bottles to 1.68Mt reflecting an increase of 5.6% compared to the previous year. This has helped to ease the overcapacity situation of recyclers with an average plant utilization of 80%.”
“In 2012 the fibers market was still the single largest end-market for recycled PET, but strong growth in the sheet and bottle market are putting these three markets at similar levels.” says van den Dungen.