Platts proposes European advanced recycling mixed plastic waste feedstock assessment

Platts, part of S&P Global Commodity Insights, is proposing to launch a European daily spot assessment for mixed plastic waste bales, suitable as feedstock for advanced recycling via pyrolysis, effective March 12.

The assessment would reflect the prevailing market value of sorted, washed and shredded mixed plastic waste in Northwest Europe at advanced recycling facilities, conforming to the following specifications:

Platts understands that the above specification of mixed plastic waste yields a pyrolysis oil output of a minimum of 75%.

The proposed assessment would take into consideration price information gathered up to the close of the assessment process at 4:30 pm London time, including firm bids and offers, trades and indicative values, as well as any other data deemed relevant to the assessment process, such as presorted bale content, rebates, sorting, shredding and cleaning costs.

The proposed assessment would be published in Sustainable Polymerscan and on Platts Connect under the following symbols:

Please send all comments, feedback and questions to petchems@spglobal.com and pricegroup@spglobal.com by Feb. 12.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.