Platts to launch US advanced recycling mixed plastic waste feedstock assessment

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

This assessment will complement the launch of a Northwest European daily spot assessment for mixed plastic waste bales, which was announced Feb. 12:

https://www.spglobal.com/commodity-insights/en/pricing-benchmarks/our-methodology/subscriber-notes/021225-platts-to-launch-european-advanced-recycling-mixed-plastic-waste-feedstock-assessment

The US assessment will reflect the prevailing market value of sorted, washed and shredded mixed plastic waste in the US at advanced recycling facilities from origins within a 200-mile radius, 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 assessment will take into consideration price information gathered up to the close of the assessment process at 4 pm Central 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, freight costs, sorting, shredding and cleaning costs.

The proposed assessment will follow the US holiday publishing schedule and 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.

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.