PET bottles recyclers walloped by Covid-19 crisis and oil price slump

Recycling not a viable alternative amid the flood of cheap primary PET

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(D) – For PET bottle recyclers in Germany, business is going considerably worse than initially expected. By mid-April at the latest, many recyclers were racking up significant contract losses in the wake of the dramatic drop in oil prices in April in combination with the coronavirus crisis. Producers of fibre, ...

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