Platts, a part of S&P Global Commodity Insights, announced on March 12, 2025, the launch of independent price assessments for mixed plastic waste in the United States and Europe. These are the first such assessments in the U.S. market, providing crucial transparency for the evolving chemical recycling industry.
Analysts at S&P Global Commodity Insights anticipate that mixed plastic waste, primarily polyolefins, will play a significant role in chemical recycling as the global energy transition progresses. This method offers advantages over traditional mechanical recycling by decomposing complex waste streams into basic components, enabling greater recycling of otherwise discarded plastics.
The new assessments will reflect the market value of sorted, washed, and shredded mixed plastic waste at advanced recycling facilities. This initiative aims to provide comprehensive pricing information to market participants, potentially incentivizing investments in recycling technologies and processes, and supporting plastics circularity.
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