Sep 1, 2023

Updates From the World of Recycling | August

WasteTrade Exhibiting at Plast 2023 Next Week In Milan

WasteTrade is exhibiting at Plast 2023 next week in Milan from 5-8th September.
Plast 2023 is a trade show for the global plastics industry, showcasing the latest talent and innovation in all areas of plastics; WasteTrade will be exhibiting to make the industry aware of the marketplace and how it can help drive forward the transition to a circular economy.
All other exhibitors and attendees are encouraged to visit us at our stand (No. B175), or to schedule a 1-2-1 meeting with a WasteTrade representative at the show.
Click here to schedule a 1-2-1 meeting.

The UK’s HMRC introduces a Plastic Packaging Tax (PPT) consultation, with industry leaders like Zoe Brimelow from Duo highlighting the role of bio-plastics and the tax’s impact since April 2022.
Information data shows the UK-unique PPT raised about £260 million in year one, outpacing predictions. Its influence on packaging strategies is pivotal, especially considering the UK’s lack of top-tier recycled plastic pellets.
Data suggests the PPT may not sufficiently boost demand for recycled plastic packaging, with the UK’s rate at 44.2%, lower than other materials. This points to the need to analyse recycling rates before and after the PPT’s launch.
Click here to read the full story.

CIWM stresses re-evaluating the current waste definition, which follows the EU’s Waste Framework Directive. Adapting this definition is essential with modern waste management techniques.
“End of Waste” is vital in determining when materials exit waste regulations and supports the circular economy. However, the UK government shows no signs of adjusting these definitions soon.
WasteTrade argues that outdated waste definitions restrict sustainable progress. Embracing a circular economy requires viewing materials beyond just disposal, focusing on reuse and repurposing. Aligning definitions and practices can unlock new sustainable business opportunities.
Click here to read the full story.

During August, WasteTrade facilitated a number of deals for materials between waste producers and recyclers, including the transaction of a load of LDPE lump originating from and shipped within the UK.
Another notable transaction managed by WasteTrade was the transport of large multiple-load deal of PET lump, sent from Germany to Poland.
Additionally, WasteTrade oversaw the shipment of a large load of LDPE film originating from the Netherlands to a recycling facility in Romania.
Click here to view the WasteTrade marketplace.

PET Demand

During August, the WasteTrade marketplace saw a surge in demand for Low-Density Polyethylene (LDPE), Polypropylene (PP), and Polyethylene Terephthalate (PET) materials.
Both established WasteTrade users and new contacts eagerly sought sustainable and profitable solutions for their LDPE, PP, and PET waste streams.
Concurrently, a significant number of recyclers turned to the WasteTrade platform, underlining an intense need to source these specific materials.
Click here to view the WasteTrade marketplace.

WasteTrade is recruiting front-end and back-end web developers to enhance the platform’s functionality and user experience.
The company is also on the lookout for cybersecurity experts to fortify their systems and ensure user data protection.
WasteTrade is seeking multilingual support staff, especially those proficient in Arabic, Spanish, and German, to bolster their global user support services.
Click here to view the WasteTrade vacancies page.