1 / 22

Mitigating the downturn in the recycled materials market

Mitigating the downturn in the recycled materials market. RECYCLING RETAIL WASTE ‘09 Marcus Gover Director of Market Development, WRAP. Resource Efficiency. Total UK Recycling What Happens to UK Recyclates UK Reprocessing Exports Recyclate Prices. UK Recycling 2007.

talli
Download Presentation

Mitigating the downturn in the recycled materials market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mitigating the downturn in the recycled materials market RECYCLING RETAIL WASTE ‘09 Marcus Gover Director of Market Development, WRAP

  2. Resource Efficiency

  3. Total UK Recycling • What Happens to UK Recyclates • UK Reprocessing • Exports • Recyclate Prices

  4. UK Recycling 2007

  5. Glass – 1.5 Mt Recycled Containers: 700 ktpa Glass wool: 100 ktpa Aggregates: 450 ktpa Export: 250 ktpa

  6. Glass Recycling and CO2

  7. Glass Rite Wine Project

  8. Paper & Card - 8.6Mt Recycled UK Paper Mills: 4Mtpa Export: 4.6Mtpa Compost: 50ktpa

  9. Paper & Card Reprocessing

  10. Plastic Packaging – 0.5Mt Recycled Export: 325ktpa UK Reprocessing: 155 ktpa Export: 325ktpa

  11. UK Plastic Bottle Collection UK Collecting c35% of plastic bottles

  12. New Plastic Bottle Recycling Plant • Closed Loop London, Dagenham • Recycling 35,000t/a plastic bottles • 9,000t/y food grade PET • 6,000t/y food grade HDPE • Capital support from WRAP • Opened in 2008 • Further plants planned Saves ~1-1.5 tonnes CO2 per tonne plastic recycled

  13. Metals - Aluminium & Steel (Packaging) UK: 26ktpa UK: 218ktpa Steel Aluminium Export: 19ktpa Export: 164ktpa

  14. Material Prices • We have seen substantial falls in prices of some (not all) recovered materials • Why? • Global economic and financial conditions • major industries are seeing weaker demand for their products and cut backs in supply • fewer raw materials needed, including recovered materials • Also affecting primary commodity markets

  15. Global Oil Prices (Spot, $/bbl)

  16. Virgin Plastic Prices (Europe - £/t)

  17. Recovered Plastic Bottles (£/t)

  18. Paper & Card (£/t)

  19. Aluminium & Steel Cans (£/t)

  20. Glass (£/t)

  21. Overall • The markets have calmed after excessive volatility, prices remain depressed but markets are stabilising and some prices are picking up • Materials are moving, high quality materials are experiencing fewer difficulties achieving value and finding markets • Survey evidence from local authorities indicates no significant stockpiles. Consistent with data from the EA also suggesting no significant increase in storage • WRAP continue to work to stimulate the market for recycled materials

  22. Thank you

More Related