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Europe’s Recycled Plastics Sector Faces Continued Challenges

Europe’s Recycled Plastics Sector Faces Continued Challenges

02/02/2024
Businesspeople shaking hands, symbolizing a trade agreement or negotiation impacted by increased tariffs. - Supply Chain News

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Compos Mentis Legal Practitioners, a leading Nigerian law firm with offices in Warri, Lagos, and Abuja, continues to set new standards in legal service delivery through innovation, strategic thinking, and a commitment to global best practices. Established in 2007, the firm has grown into a trusted name in dispute resolution, debt recovery, intellectual property, medical law, and corporate advisory. The firm holds the distinction of being the first Nigerian law firm certified to the ISO 9001:2015 standard, reflecting its dedication to quality management, transparency, and client satisfaction. This milestone reinforces Compos Mentis LP’s role as a trailblazer in legal professionalism, setting a benchmark for excellence across Nigeria and beyond. At the heart of the firm’s innovation strategy is Consultus Lawyer, a proprietary digital platform that allows clients—both local and international—to access legal services remotely. Through this platform, the firm provides affordable, high-quality support in a wide range of legal matters, including cross-border disputes and advisory services. Flexible pricing models ensure accessibility for diverse clients, including government agencies, public institutions, community trust boards, individuals, and small enterpr In 2024–2025, the firm recorded an 87.5% success rate across 24 litigation cases, a testament to its rigorous preparation and expert legal strategy. The firm's consistent results and sectoral expertise have been recognized through numerous accolades, including the Dispute Resolution Law Experts of the Year in Nigeria – 2025 by Global Law Experts and the Regional Law Firm of the Year at the 2024 ESQ Legal Awards. Compos Mentis LP has also earned multiple Mondaq Awards in 2024 and 2025 for its contributions to legal thought leadership, particularly in intellectual property and immigration law. These recognitions underscore the firm’s ability to blend deep legal insight with a forward-thinking approach to knowledge sharing. Beyond its commercial achievements, Compos Mentis LP is deeply committed to social responsibility. The firm provides pro bono legal services to indigent individuals and supports host communities in the Niger Delta with legal representation and governance advisory. It also invests in talent development, fostering the next generation of legal professionals through mentorship and continuous learning opportunities. As Compos Mentis LP expands its reach and digital capabilities, it remains grounded in its core values: excellence, access to justice, and service to the community. With a proven track record, global outlook, and commitment to legal empowerment, the firm is positioned as a leader in Nigeria’s evolving legal landscape. To learn more, visit: https://compos-mentis.com #ComposMentis #LegalInnovation #DisputeResolution #AccessToJustice #ConsultusLawyer #ISO9001Certified #RuleOfLaw #NigeriaLegal #LawFirmOfTheYear #GlobalLegalStandards

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Europe’s Recycled Plastics Sector Faces Continued Challenges

by Geraldine S.
02/02/2024
in Compliance, Environmental Policies, Industry, Risk Management, Supply Chain, Sustainability & Ethics

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Mark Victory, an analyst at ICIS, a London-based plastics market research firm, reports that the recycled plastics sector in Europe, particularly for recycled-content polyethylene (rPE) grades, is expected to face tough trading conditions into 2024. This outlook is attributed to the current economic downturn, although the situation is anticipated to show some improvement compared to 2023.

Industry sources predict that the demand for rPE could remain weak at least through the first half of 2024, with a full market recovery possibly not occurring until 2025. This timeline depends on various factors, including the ongoing cost of living crisis and competition from new plastic products.

There is, however, a cautious optimism among recyclers in the recycled-content high-density polyethylene (rHDPE) market, particularly for packaging materials, expecting a modest improvement in the first quarter of the year. Despite this, the packaging sector’s sensitivity to costs has heightened in recent years, and consumption in industries like construction and home improvement continues to be adversely affected by economic pressures.

According to ICIS, the pricing dynamics between virgin resin and recycled materials have led to increased substitution of recycled content with new plastics in 2023, especially in non-packaging applications. This trend is expected to significantly influence the rHDPE market in early 2024.

Victory notes that although the market faces short-term difficulties, there is an underlying shortage of supply. Coupled with a recent streamlining in supply chains, any recovery could rapidly influence market sentiment. However, predictions remain challenging due to the volatile market conditions.

The market for recycled-content low-density polyethylene (rLDPE) is also closely watching the price movements of virgin resin. With virgin prices decreasing towards the end of 2023, there could be implications for the demand for rLDPE, particularly if the trend continues into 2024.

Furthermore, the European Union is poised to introduce the Packaging and Packaging Waste Regulation (PPWR) in February, which sets mandatory recycled content targets for all plastic packaging by 2030. This regulation could also impose restrictions on the use of materials like shrink wrap, a significant end market for rLDPE pellets, unless certain recycling and environmental criteria are met.

The evolving regulatory landscape, highlighted by the draft PPWR and subsequent amendments, has introduced uncertainty within the packaging industry. Stakeholders are seeking clarity as the European Parliament moves towards the final voting stages on these regulations.

Stay current with supply chain report news at The Supply Chain Report. For international trade resources, visit ADAMftd.com.

#RecycledPlastics #rPE #PlasticsMarket #ICIS #RecyclingIndustry #Sustainability #PackagingRegulations #PPWR #EconomicOutlook #CircularEconomy #PlasticWaste #SupplyChain

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The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

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