Plastics Recyclers Europe (PRE) has published its 2022 mapping of installed capacities across the continent (EU 27 member states plus the UK, Switzerland, and Norway). Amid recent announcements of European recyclers shutting down operations or going bankrupt, the figures are more positive than one might have expected.
Europe’s installed plastic recycling capacity continued to grow in 2022, reaching 12.5 million tonnes. However, the year-on-year growth rate decelerated, down from 17% the year before. The figures for 2023 are yet to be confirmed, but further deceleration is expected. Overall, the figures cast shadow on the EU’s ability to reach its recycled content targets by 2025, which require an installed capacity of 16 million tonnes by next year.
“Progress is indispensable for ensuring the viability of the plastics recycling industry,” said Ton Emans, PRE president. “While the commitment from recyclers remains strong, our sector has faced unprecedented challenges, first with the halt of activities during the COVID-19 outbreak, followed by the energy crisis in 2022. Most recently, in 2023, the concerning low demand for recyclates hit the sector, resulting from low prices for virgin plastics due to reduced industrial production in the EU and cheap imports of recycled plastic from outside the EU. Moving forward, enforcement of legislative measures will be essential in ensuring the progress can be continued,” he added.