According to data group ICIS, the price of recycled PET chips in Europe has soared 103% to € 1690 per ton since January 2021. The price of waste bottles used to produce recycled PET chips has risen faster, more than tripling since January 2021. The price of recycled plastics in the United States also rose sharply. At present, the price of recycled PET has exceeded that of native pet. At the end of February, the offline meeting of the fifth United Nations Environment Conference will be held in Nairobi. The conference will address plastic pollution as one of the core topics. Foreign media believe that the conference is the most critical and favorable moment to reverse the global plastic pollution crisis.
As food, beverage, household products and other manufacturers need to add a higher proportion of recycled plastics to their packaging, the demand has soared, and the supply of recycled plastics is in short supply. In order to reduce plastic pollution, on the one hand, governments of various countries have successively issued laws and regulations to force the addition of recycled plastics. For example, California passed and implemented the first recycled plastic bottle act in the United States last year, requiring beverage bottles to add at least 15% recycled plastics, which will increase to 50% by 2030; From April 1, the UK will impose a plastic packaging tax of £ 200 per ton on plastic packaging with less than 30% recycled materials made or imported from the UK. On the other hand, global consumer goods and retail giants such as Coca Cola, Pepsi, Unilever, Nestle and Wal Mart called last week for a global agreement to combat plastic pollution and increase the use of recycled plastics. As the main path to reduce plastic pollution, plastic recycling may become another global focus after carbon neutralization, and the industry is expected to stand at the tuyere.
The business field of Yingke recycling (688087) covers the whole industrial chain of "plastic recycling - plastic recycling - recycled plastic products - recycling". Six production bases have been set up at home and abroad. The company's 50000 T / a RPET project has been commissioned as scheduled, and relevant products have begun to be sent to customers for samples and testing and certification;