BIR Plastics Committee: Prices of recycled material increase to historically high levels – Learn more on 2 June 2021!
Plastics Committee: Prices of recycled material increase to historically high levels
Wednesday, 2 June 2021, 09.30 - 10.30 (CEST)
The severe operational and market difficulties encountered during a COVID-dominated 2020 have been superseded by a new set of challenges in 2021, including sky-high freight rates and trading uncertainties created by enforcement of the new Basel Convention amendments in January. On the plus side, however, recycled plastics have been attracting huge demand and rising prices, not least because of the growing trend towards mandated recycled contents in final products. Such mandates, as well as extended producer responsibility and design for recycling, will form the cornerstone of discussions at the BIR Plastics Committee’s virtual gathering on June 2. There will also be the customary invaluable update on latest plastics recycling market developments around the world, this time delivered in the framework of a Market Pulse session on 2 June 2021 at 12.00 CEST.
Henk Alssema, Chairman of the BIR Plastics Committee has invited guest speaker Eelco Smit, Senior Director at the Philips Group Sustainability team where he is responsible for the sustainability performance of the Domestic Appliances Business in Philips. In recent years Mr Smit has actively worked on the implementation of the Circular Economy program at Philips with a specific focus on business model innovation, Circular product design and increasing the use of recycled plastics. In this role Mr Smit represents Philips at several Industry Associations where he is actively involved in discussions on the Circular Economy and waste legislation. After completing a master’s degree in Industrial Design Engineering at Delft University of Technology in 2003 he has held several positions in Environmental Affairs at LG Electronics and Epson Europe before joining Philips in January 2011. Mr Smit will be giving a presentation on “Driving the transition to the circular economy”.
In an interactive discussion on topics such as soaring freight rates, the guest speaker will be joined by Plastics Committee members Dr Steve Wong, Fukutomi Co Ltd/China Sustainable Plastics Association (CHN), Max Craipeau, Greencore Resources Ltd (CHN), Ms Sally Houghton, Deputy Executive Director, Plastic Recycling Corporation of California – PRCC (USA) and Theo van Ravesteyn, Non-executive Chairman, MSC Nederland. Mr van Ravesteyn has a long and successful career in a variety of management functions in global logistics. In 2008, he started working as Managing Director for MSC Nederland bv, one of the world leaders in global container shipping. At present, he is non-executive Chairman of MSC in the Netherlands, board member of the VCR and Management advisor of the Euro Rijn Group and the Rotterdam Polymer Hub.
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