How to Find Reputable Sellers and Avoid Scams When Buying Plastic Scrap Online?
| 4 Min read With the increasing demand for recycled plastic, buying plastic scrap online has become a popular option for businesses. As online activity grew, even the scammers in the plastic scrap online business grew. The percentage of online scams in the plastic scrap business is challenging to determine, as many cases go unreported. However, with the growing […]
The rising problem of plastic waste in India
| 3 Min read The biggest concern with plastic waste in India is not the amount of waste produced but ineffective waste management, such as improperly collecting and recycling waste. Currently, the primary focus is collecting, managing, and properly disposing plastic waste. As we all know, the demand for new products and technology has grown over the last two […]
How to beat PET scrap volatility with an eye on global crude
| 2 Min read Synopsis Recykal plans to use these funds for strengthening its technology, expanding its B2B marketplace pan-India and building hyper-local waste processing infrastructure. Chennai: Waste-commerce solutions provider Recykal on Tuesday announced that it has raised $22 million in funding by investment funds managed by Morgan Stanley India. The company works with several of the world’s largest consumer […]
Price Trends for PET Scrap in September
| 2 Min read The average prices of PET scrap saw a consistent rise across the month. It should be noted that the prices across the country varied by at least 5-6% and the price fluctuation due to local factors has impacted the national average. A consistently high rate was observed in Himachal Pradesh with ₹ 48.5/Kg at the […]
5 reasons how seasons affect PET bottle prices
| 3 Min read PET bottle and its market importance PET or Polyethylene Terephthalate is a Code ‘1’ plastic widely used for beverage and water bottles across the world. Due to its excellent water barrier, non-toxic nature and material strength, PET plastic is used across multiple packaging products. An approximate 480 billion PET plastic bottles are used globally, of […]
Price trend of scrap PET bottle prices in January 2022
| 2 Min read The average prices of scrap PET bottles saw a rise, where the start of the month started at a low of ₹ 48.5/kg and reached a high of ₹ 52.4/kg . The price fluctuation was due to multiple reasons: A consistently high rate was observed in northern India with ₹ 55/Kg at the highest in […]
Pepsico & Coca Cola invest in Recycled PET Packaging
| 2 Min read Owing to the pollution control regulations the use of recycled PET packaging has surged, and here’s a brief about how soda giants are tackling this change. A sustainability push seems to have taken over the food and beverages industry. Pepsico, a giant in this industry, is also an integral part of this change, which was […]
Price Trends for PET Scrap in December 2021
| 2 Min read PET bottle scrap Prices in December The average prices of PET scrap saw a consistent rise across the month. It should be noted that the prices across the country varied by at least 5-6% and the price fluctuation was due to the change in seasons which in turn affected the change in consumer behaviour. A […]
The role of chemicals in the future of plastic recycling
| 2 Min read Even though we are aware of the slow condition of plastic recycling that we are facing today, its demand keeps increasing. If it continues in the same manner the plastic waste volumes will grow from 260 million tons per year in 2016 to 460 million tons by 2030. This will only hike the already existing […]
Plastic Waste Recycling – Three Distinct Methods
| 3 Min read Recycling is a process of collecting and transforming the used or waste materials into reusable/raw materials to form a new product. This procedure indeed extends a sustainable environment and benefits the community at large. Products such as paper, plastic, metal, electronic devices, wood, clothing & textiles, bricks, and many more are on the good-to-go list […]