France is continuing to lead the way in the development of the polyethylene terephthalate chemical recycling industry in Europe, with a spate of new facility announcements set to build out capacity in the country, as per Sustainableplastics.
Chemical recycling is increasingly seen as the route to large-scale plastic waste recycling. French plant supply can help consumer brands reach recycled plastic content targets. Key challenge to overcome remains collection and sorting of suitable feedstocks. France will have three polyethylene terephthalate (PET) chemical recycling facilities opening by 2025, aiming to become the leader in new recycling technologies in Europe. Announcements from Eastman, Loop Industries and Carbios highlight not only the opportunities but also the challenges still facing the recycling industry. Namely, feedstocks.
The announcements point to positive progression within the chemical recycling sector for PET, but also raises questions around Europe’s – and the world’s – ability to provide these new facilities with the material they need.
Any new venture that requires plastic waste as a feedstock makes the established but supply constrained mechanical recycling sector nervous – especially if they view the new capacities as competition for raw materials.
At present the operating capacities of chemical recycling plants remains low in comparison to mechanical recycling, and Europe has a lower capacity in comparison to some regions such as Asia Pacific and North America at less than 100,000 tonnes/year.
Capacities are projected to rise rapidly, given the announced projects and assuming adequate volumes and qualities of feedstocks can be sourced to feed those plants.
We remind, Indorama Ventures Public Company Limited (IVL) with its facility Wellman France Recycling in Verdun, has been working on the PET trays recycling for 6 years and through an ongoing project with VALORPLAST and supported by CITEO. The project has the objective to develop and validate recycling for monolayer and multilayer PET trays.
As per ICIS-MRC Price Report, April PET chips supply to the country increased to 15,000 tonnes, compared to 13,500 tonnes a month earlier. Imports of material were at 31,500 tonnes in April 2021.The share of Chinese material was 99% (14,900 tonnes) in April versus 89% (12,000 tonnes) a month earlier. Supply of bottle grade PET increased by 10% in the four months 2021 compared to the same period last year - from 67,100 tonnes to 73,700 tonnes.
mrchub.com