Oil Price Decline May Not Be a Slick Trick for Recycling

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20 March 2015 | Updated 01 January 1970

The British Plastics Federation (BPF) has expressed its concern at the impact of reduced oil prices in the UK plastics recycling industry.

It states that areas of plastics recycling are becoming uncompetitive and this is threatening not only the viability of businesses but also, potentially, the recycling record of the whole supply chain.

The BPF is calling on companies in the downstream supply chain, when considering their materials selection policies, to keep to the fore the fact that high recycling targets have to be met under the packaging waste (producer responsibility) regulations and that many individual corporate social responsibility programmes support increased recycling levels.

“The carbon saving and resource efficiency benefits of plastic products has been improved by the increased levels of plastics recycling seen today,” said Philip Law, Director-General, BPF. “Plastics recycling is an essential component of the whole chain's sustainability message and we should not allow our record to regress.”

Picture: Philip Law, Director-General, BPF – areas of plastics recycling are becoming uncompetitive with the fall in oil prices.

Article written by Cathryn Ellis | Published 20 March 2015

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