Volatile Oil Markets Are Putting Virgin Plastic Supply Under Pressure
2 Articles
2 Articles
From crude oil to benchmarks, large producers and major trade flows: a guide to understanding how the global black gold market works
Volatile Oil Markets Are Putting Virgin Plastic Supply Under Pressure
Renewed conflict in the Middle East threatens to further choke global oil supply, and the prospect of scarce and unaffordable virgin plastic looms large for manufacturers. “Abundantly available recycled plastic is no longer just a sustainability concern; it’s now the means of survival, provided its quality can meet expected production standards,” says Albie Alberts, Director at Everloop Plastic. This means recycled plastic should offer not only …
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