Author: Robin Latchem
Secondary plastics prices have increased slightly in February but ‘low prices and high costs are taking their toll’, says BIR. The world recycling organisation notes that freight costs have risen because of the situation in the Red Sea alongside limited demand for raw materials. Henk Alssema, of Vita Plastics in the Netherlands, makes the observations in the latest quarterly BIR Mirror. The chairman of the plastics committee points out that container shipping through the region has decreased by almost a third this year owing to the attacks on commercial vessels.