Strong Asian demand, stagnant supply cloud outlook for PET bottle recycling.(Special Report)

Plastics News, May, 2004 by Toloken, Steve

Byline: Steve Toloken Floyd Flexon, who runs recycling operations for bottle maker Amcor PET Packaging, said the current tough climate for PET recycling reminds of him of the dark days of early 1997. "In 1997, you saw half the PET recyclers in the U.S. cease operations,'' said Flexon, who is vice president of environmental affairs and recycling operations for Amcor in Manchester, Mich.

"The first quarter of this year was probably the worst since 1997.'' If the trend continues, he predicts, the 15 PET recycling plants in the United States could see significant ...