EDITOUR PETplanet Insider Vol. 25 No. 04/24 www.petpla.net 17 EDITOUR 17 comes from the unorganised waste sector due to the lack of collection and sorting infrastructure in Nigeria, is taken to collection points and eventually ends up at Polysmart, where it is processed thanks to the state-of-theart sorting and treatment, turned into pure form and sold through the Dubai office. Mr Wadhwani continued: “The difficulty in other parts of the world is often the expectation of recycled material. They want it to be as cheap as possible and there is often a lack of understanding about using recycled material when virgin material is much cheaper. Sometimes we have to face discussions in which customers try to push down the price of rPET by asking us to sell poor-quality material because they know that the end consumer wouldn’t notice the difference anyway. Of course, we can’t and don’t want to get involved in that in any way.” Mr Wadhwani suspected that the prices for recyclate will remain high for at least another three years and that Asian companies, especially Chinese companies, will likely dominate the pricing policy for virgin material in the future thanks to good technology and low general costs. “Of course, we are already seeing the extreme extent to which buyers often end up opting for Chinese virgin material and even that is sometimes too expensive for them,” said Girish Wadhwani. “Prices are being extremely dumped. It goes to the extent of selling material outright without any profit and adding X amount to the freight instead.” Despite the circumstances, he remains optimistic: “We cannot avoid recognising PET waste as a recyclable material. In my view, governments and brands should equally promote the issue of recycling, for example by setting minimum quantities in packaging, and educating the public on how to deal with it. www.shadpolymers.com BOTTLE TO BOTTLE RECOVERY MOISTURE CONTENT CONTROL PROCESS CONSISTENCY EXTREME BLENDING FLEXIBILITY moretto.com follow us MAKING THE DIFFERENCE ON PET. Booth W1743
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