Plastic recyclers upbeat in spite of recession

The UK’s fledgling plastic recycling industry has been particularly exposed to the recession. Demand for material from retailers is still strong, but expansion plans are likely to be curtailed.

The UK’s fledgling plastic reprocessing industry is confident that it can weather the brunt of the recession as retailer demand for food-grade recycled materials remains strong and prices for commodities begin to stabilise.

However, it is proving difficult to get bank finance for additional plant.

Prices for recycled material fell sharply in mid-October in response to a drop in demand for material, especially from China. This was

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