BIR Barcelona Convention - Plastics Committee: Plastics recycling: boom time, but barrage of challenges
In business, we often talk about a perfect storm but never about a perfect calm. So while plastics recyclers are enjoying the benefits of massive demand and extremely high prices, when they come to sell their processed materials, they are struggling at the same time to source input material and the necessary personnel to cope with this undoubted boom time. Forward momentum has been achieved through recycled content mandates, but is the impetus sufficient to overcome the lengthening list of challenges which also includes rising energy costs, some of the highest inflation numbers seen in decades, market tensions over Ukraine and ongoing trading uncertainties resulting from the Basel Convention amendments?
The BIR Plastics Committee meeting will provide the perfect opportunity to expand your understanding of latest market dynamics in the company of industry experts and invited guests.
The session, which will be chaired by Committee member Max Craipeau (Greencore Resources Ltd, China) in the absence of Chairman Henk Alssema (VITA Plastics, Netherlands), will be pre-recorded and broadcast on Wednesday, 25 May at 10.00 am in the plenary area of the Convention hotel in Barcelona.
A guest presentation will be given by Doug Woodring, Founder and Managing Director of Ocean Recovery Alliance (CHN) and Lead Expert at Rebound Plastic Exchange (ARE), on the topic “Presentation on the opportunities and challenges of the Global circular economy”. Ocean Recovery Alliance is focused on bringing innovative solutions, technology, collaborations and policy together to impact positive improvements for the health of the ocean. Their mission is achieved through purposefully designed programmes to educate, build awareness and provide solutions which inspire positive societal change at the community, national and international levels. In 2018, Mr Woodring received the Prince’s Award for Innovative Philanthropy by Prince Albert of Monaco, and has been recognized as a UN Climate Hero and a Google Earth Hero for his efforts. Ocean Recovery Alliance is one of the first NGOs to be working with both the United Nations Environment (UNEP) and the World Bank. He is also the founder of the Plasticity Forum, which was first launched in Rio de Janeiro, and has since been held in Hong Kong, New York, Portugal, Shanghai, London, Dallas, Los Angeles, Sydney and Kuala Lumpur. The event is unique globally, and focuses on the future of plastic, and where the leaders are going with design, innovation, materials, recycling and solutions, for a world with a reduced waste footprint. Mr Woodring co-founded Project Kaisei, which led a science expedition to the North Pacific Gyre with Scripps Oceanography in 2009, and was recognized as a UN Climate Hero and a Google Earth Hero for its efforts. He is an advisor to the Economist's World Oceans Summit.
A subsequent panel discussion will cover topics such as high energy prices, inflation, lack of labour as well as the container crisis due to lockdowns in Shanghai and its effects on the industry.
Panelists include Sally Houghton (Plastics Recycling Corporation of California, USA), Natalia Cruz Cayuela (Ferromolins, Spain), Steve Wong (Fukutomi Recycling Ltd, China), Mahmoud Al Sharif (Sharif Metals Group, ARE) and Andrei Sofian (Rematholding Co. Srl, Romania).