China Bottle-to-bottle recycling 18-01-2022 - Arhive
China Bottle-to-bottle recycling
Crude Oil Prices Trend
-China’s ‘perpetual motion’ housing machine has started to slow
Since 2009, “everyone has known” that China’s housing market would continue to grow forever. All one had to do was to invest, and wait for the profits to roll in.
It has been a fabulous few years, as long as you were prepared to suspend disbelief – or didn’t bother to investigate further:
In 2008, Beijing began the largest stimulus programme in history as the chart confirms China Bottle-to-bottle recycling
It started with $1tn at the end of 2008, and $2tn in 2009; then it was $3tn by 2013
By 2017 it was up at $4tn, and $5tn by 2020; by 2021 it had reached a cumulative $41tn
The real excitement began in 2011 with the publication of the Asian Development Bank’s (ADB) flagship report, The Rise of the Middle Class in the People’s Republic of China..
CEOs and investors didn’t need to read beyond the headline – they were ‘off to the races’ with their wallets bulging, ready to go all-in on the growth story of the century.
Pity the poor people who actually made the mistake of reading the Report. They discovered that the definition of “middle class” was “$2 – $20 per capita daily income”. Or in other words, just $7300/year at the top of the range. And even that was in ‘purchasing power parity‘– an artificial way of boosting actual incomes to make them seem higher. China Bottle-to-bottle recycling
-Bottle-to-bottle recycling can boost transition to circularity in plastics
Pollution caused by the irresponsible disposal of plastics is a significant issue, particularly in developing countries such as Sri Lanka.
According to Great Britain’s Royal Statistical Society, it is estimated that only 9% of all plastics ever produced globally has been recycled.
This is particularly concerning since according to the United Nations Environment Programme (UNEP), all nations collectively produce about 300 million metric tonnes of plastic every year – nearly equivalent in weight to that of the entire global human population. China Bottle-to-bottle recycling
However, not all plastics are equal in this equation. Polyethene terephthalate (PET) plastics, in particular, stand out, given that they are 100% recyclable.
PET is considered the most promising food-packaging plastic for recycling and is used extensively for this purpose, particularly for the production of bottles containing drinks, hand sanitisers, dishwashing liquid etc.
In addition, PET is more suitable for the recycling process, given its ability to minimise the possibility of contamination following consumption.
Hence, in sharp contrast with the overall recycling rate of plastics, PET bottle recycling rates in some countries exceed 80%. Sri Lanka also aspires to increase its PET bottle collection and recycling rate from 27% to 100% by 2025 to ‘ensure safe, high-quality and durable products,’ as per the National Action Plan on Plastic Waste Management in Sri Lanka (NAPPWM). China Bottle-to-bottle recycling
–China’s ‘perpetual motion’ housing machine has started to slow
–Bottle-to-bottle recycling can boost transition to circularity in plastics
–Sulzer’s bioplastics production technology selected by NatureWorks
–Reliance acquires UK-based firm Faradion for GBP 100 mln
–PFF Group invests £200,000 to reduce carbon footprint
-What is the first bottle made entirely of other bottles
–Herrmann Ultrasonics Expands Nonwovens Laboratory
China Bottle-to-bottle recycling