Page 51 - Plastics News Issue May 2025
P. 51
INTERNATIONAL NEWS
In the midst of these major economic challeng- Baby Boomers choosing to live in multi-family
es, there is one that hits people directly. Housing units (some version of senior living) and millenni-
continues to be the chief concern as the US still als, finally, starting to favor single-family homes
is 4.5 million homes short, which is up from the as they begin to focus on raising children.
prior year. The majority of this shortage is in the
lower-cost sector, but many of the fast-growing The plastics industry is woven through every as-
cities are facing a deficit at every level. This has pect of the economy. The situation in oil produc-
contributed to the rise in a average housing price tion affects raw materials, of course, but plastics
to between $420,000 and $440,000. Obviously, truly are ubiquitous and engage every sector.
there are radical differences in price depending Advances in technology propel its use in eve-
on the region. In California, the price is between rything from construction and medicine to any
$780,000 and $900,000, while in North Dako- sector – name it.
ta it is between $260,000 and $280,000. The Source – Plastics Business
most recent significant shift in demand has seen
PRS Europe draws over 13,000
attendees for the first time
Europe President. “We have brought together
leading experts in the two conference theatres
and exhibitors with world-class innovations to
improve the plastics recycling value chain.”
The Plastics Recycling Show Europe brings to-
gether key players from the plastics and recy-
cling sectors to showcase innovative technology,
share best practices, network and do business.
Every part of the circular plastics value chain is
represented at the event, including plastics re-
cycling machinery and equipment suppliers,
AI-powered sorting technology, plastic mate-
he Plastics Recycling Show Europe shat- rial suppliers and compounders, pre-processors,
tered records in Amsterdam with over mechanical and chemical plastics recyclers,
T500 exhibitors, more than 75 expert waste management specialists and industry as-
speakers, and an all-time high of 13,325 attend- sociations.
ees over the two days.
Plastics Recycling Show Europe returns to Halls
“Anyone interested in plastics recycling, wheth- 1 and 5 at RAI Amsterdam from 5-6 May 2026.
er from politics, science, academia, or active Plastics Recycling Shows are now being held in
players like brand owners, converters, pro- four global locations: Amsterdam, Dubai, Singa-
ducers or recyclers, should come to this show, pore and Mumbai.
which is now firmly established as the largest in
the world,” says Ton Emans, Plastics Recyclers Source – RECYCLING magazine.
May 2025 PLASTICS NEWS 51
