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Waste: Oil price fuels expansion of plastic recycling http://apocadocs.com/s.pl?1221571814
Plastics recycling in the UK is booming. The number of bottles collected by local authorities has shot up nearly 70 percent in the past year giving processing businesses increased security of supply.
The industry has also been boosted by high oil prices, which have pushed up the value of plastic recyclate and virgin resin by about 10 percent in the past year. Virgin resin is now worth about £950 a tonne and recyclate only 5 percent less.
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[Read more stories about:
plastic problems, peak oil]
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