ICIS Launches State of Play 2024 Study Providing Comprehensive Insights into the PET Market in Europe [Yahoo! Finance]
RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX)
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Source: Yahoo! Finance
Europe, Petcore Europe, UNESDA and NMWE, the launch of the State of Play 2024 study, offering a detailed examination of the PET market in Europe in 2022. The study, conducted in collaboration with industry leaders and organisations, provides valuable data, trends, and future scenarios for the PET market, including insights into challenges and opportunities within the supply chain. The comprehensive study includes data for the 27 EU member states plus Norway Switzerland , and the United Kingdom and covers various aspects of the PET market, including PET production and demand, waste management operations, recycling infrastructure, legislative developments, and the role of key stakeholders in driving sustainability. Key highlights of the State of Play 2024 study include: PET collection rate in 2022 increased to 60%, from the total of 5 million tonnes of PET resin utilised in the region. European extrusion capacity for rPET pellet production doubled to 1.4 million tonnes in 2022.
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