RECYCLED PLASTIC VALUES
SINGLE USE PLASTICS - This is just a small sample of the plastic packaging that you will find in retails stores all over the world. A good proportion of this packaging - around 8 millions tons a year, will end up in our oceans, in the gut of the fish we eat, in the stomachs of seabirds and in the intestines of whales and other marine mammals. Copyright photograph © 22-7-17 Cleaner Ocean Foundation Ltd, all rights reserved.
Recovered plastic prices
• Clear PET bottle prices averaged around £172 per tonne over the past 12 months. Prices have fluctuated over the summer but currently stand at £193 per tonne.
• Coloured PET bottle prices averaged around £26 per tonne over the past 12 months. Prices have remained around £20-22.50 per tonne since May 2018.
• Natural HDPE bottle prices have averaged around £381 per tonne over the past 12 months. Prices have climbed gradually throughout the year and are currently trading at around £465 per tonne. This is the highest price point seen since June 2015.
• Mixed HDPE bottle prices have fluctuated over the past few months but climbed recently to £322 per tonne. This is the highest price point seen since WRAP began monitoring prices in April 2004. Mixed polymer bottle prices have also been changeable, and currently stand at £62.50 per tonne.
• LDPE 98:2 film prices had begun to show improvement over the past few months but saw a decline over the summer and currently stand at £175 per tonne. Twelve months ago prices stood at £300 per tonne.
Virgin plastic prices
• Both virgin LDPE and HDPE prices have continued to remain strong at around £1,300 per tonne. Virgin PET prices continued to show improvement in 2018 and are currently trading at £1,326 per tonne.
Plastic PRN prices
• Plastic PRN prices increased to around £68 per tonne in August 18. This is similar to prices seen during the same period in 2017.
Plastic packaging recycling
• Total plastic packaging recycled dropped to 241kt in 2018Q3 from 275kt in 2017Q3. UK plastic packaging recycling was 99kt,5kt more than figures seen in the same quarter in 2017. Exports for recycling were 142kt in 2018Q3, down 40kt on tonnages in 2017Q3.
• UK exports of plastic (both packaging and non-packaging) totalled 44kt in August 2018, down from 59kt twelve months earlier.
SEAVAX RECOVERY ESTIMATES
On average over a year one SeaVax ship should generate enough energy to treat 89.9 million liters of seawater, which @ 25%* in a rich soup could equal = 22,400,000 kg of plastic. This equates to 61 tonnes a day, a highly unlikely and overly optimistic figure.
Dependent on the going open market rate, that could be between £6,720,000 (@ 0.30p/kg) and £15,680.000 (@ £0.70p/kg). This optimistic example includes the harvesting of surface solid plastics. The current value of recycled plastic is lower than in these examples.
The table below gives examples or poor and excellent recovery rates over 365 days:
LINKS & REFERENCE
FOAM & BOTTLES - Expanded polystyrene is used to package household electrical goods, while soft drinks and water is sold in PET plastic bottles by the billions every year. The numbers are staggering. It's no wonder then that some of this plastic will end up on our plate in one form or another, potentially as a toxin carrier. Copyright photograph © 22-7-17 Cleaner Ocean Foundation Ltd, all rights reserved.
This website is provided on a free basis as a public information service. copyright © Cleaner Oceans Foundation Ltd (COFL) (Company No: 4674774) 2018. Solar Studios, BN271RF, United Kingdom. COFL is a charity without share capital.