Page 40 - Plastics News Issue November - 2024
P. 40

FEATURE NEWS





          Take-up of mechanically recycled

          polymers to be limited, chemical recycling could bridge gap



                                                                                   recycle mechanically,” he said,
                                                                                   speaking at the EPCA annual
                                                                                   conference in Berlin.

                                                                                   The projected 2050 rates are
                                                                                   a minor uptick compared to
                                                                                   2023 mechanically recycled
                                                                                   polyethylene    market     pen-
                                                                                   etration rates of 12% in North
                                                                                   American and Europe and 4%
                                                                                   in northeast Asia.

                                                                                   In Europe the 2023 rates rep-
                                                                                   resent a decline in comparison
                                                                                   to  2022, Dementev  added.
                                                                                   “2023 showed that macroeco-
                  echanically recycled polymers' share of                          nomics still matter, and many
                  the total market is set to increase in the    companies especially those less exposed to
          Mcoming decades but penetration, de-                  consumer pressure switched to virgin material,”
          fined as domestic recycling production versus         he said.
          total polymer demand, is likely to remain limited
          through to 2050.                                      In future, chemical recycling could fill in some of
                                                                the gaps left by mechanical recycling. “Chemical
          Mechanical recycling domestic production is           recycling  could  be  a  complementary  solution,”
          likely to represent 17% of total polyethylene con-    Dementev said. “Without chemical recycling, we
          sumption in Europe, and 19% of polypropylene          are probably not going to leapfrog”
          by 2050, based on analysis of ICIS supply and
          demand data.                                          The  chemical  recycling  and  dissolution  sector
                                                                remains in a state of relative infancy, with around
          Rates in northern America and northeast Asia          130 plants operational or at the final investment
          are likely to be similarly muted, according to ICIS   decision stage of approval, compared to around
          analytics EMEA team lead for plastics recycling       2,500 mechanical recycling plants.
          Egor Dementev.
                                                                Industry installed (plastic waste processing) ca-
          Take-up of bottle grade mechanically recycled         pacity  (pyrolysis-based  technologies,  chemical
          polyethylene terephthalate is likely to be strong-    depolymerisation and dissolution) in Europe in
          er, at 49% in northern America and Europe, but        2024 stood at 150,000 tonnes/year, or 510,000
          technological issues limit the odds of greater        tonnes/year if including facilities in the construc-
          market dominance for other polymers.                  tion and commissioning phase, but the current
                                                                pre-FID project pipeline could add 3 million
          “The penetration rates still stay quite limited,      tonnes by 2029.
          as lots of plastics applications such as polymer                                Source - Recycling magazine
          flexibles and textiles are intrinsically difficult to



             40   PLASTICS NEWS                                                                November 2024
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