Upcoming BIR World Recycling Convention Week 2020 - Textiles Division: Taking stock: is demand making inroads into available supply?

Textiles Division 
Wednesday, 14 October 2020 (15:00-16:30 CEST)

Taking stock: is demand making inroads into available supply?

Markets for used textiles have been slowly recovering from the profound disruption caused by lockdowns earlier in the year which brought processing stoppages and the closure of many retail outlets, with the result that retail revenues tumbled to between 40% and 80% of the norm, depending on the region. Fast forward to today and prices for textiles recyclers remain typically some 30% below pre-COVID levels whereas inventories are three times higher than normal for this time of year because demand is insufficient to drive them lower. At the BIR Textiles Division’s eForum in June, a warning was issued that stocks might not return to normal for at least 18 to 24 months. Is this still the likely scenario? 

This and other important questions will be answered during the the divisional webinar on 14 October 2020. After giving an update on the general market situation, divisional President Martin Böschen will pass the floor to Emmanuel Katrakis, Secretary General of EuRIC, who will provide insights into the regulatory development in the EU. His presentation will be followed by an update on the technological developments of fibre recycling by Hilde van Dujn, Senior Project Manager Circle Textiles at Netherlands-based Circle Economy. A subsequent panel discussion on market developments during and after COVID-19’s first major wave will bring together experts from collection and sorting companies for a frank and topical exchange.

Secure your ticket today to join us online on 12-16 October 2020!

Download the Virtual Exhibition Overview for more information on benefits and reserving your spot for the BIR Convention Week 2020! 

See the detailed programme on the official event website and make sure to check the page regularly for updates and more content.