German PET recyclers under major pressure

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Demand for flakes and recycled PET pellet remains weak in Germany and the industry is bracing for economically difficult months ahead. For November, many PET recyclers reported rising inventory levels, which could be as high as 30-40 per cent of monthly production. All customer segments – from bottles, films and fibres to packaging strapping – were holding back with purchases and putting pressure on prices, especially since primary PET has once again become less expensive. ...

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