Petco increases rate of PET recycling in 2016
Recycling company Petco has recycled some 22% more post-consumer bottles in 2016, pushing its yearly polyethylene terephthalate (PET) recycling rate from 52% to 55% in 2016.
This marked the second year that Petco has exceeded its recycling target, with the total PET market growing by 14.8% to 241 269 t year-on-year.
“Two-billion PET bottles were collected for recycling across South Africa during the course of 2016, creating some 62 000 income opportunities for small and micro-collectors, and changing their lives and those of their families in immeasurable ways,” said Petco CEO Cheri Scholtz in a statement on Tuesday.
Petco’s contracted recyclers have paid out some R1.9-billion to collectors for baled bottles since the inception of Petco in 2004, made possible through the voluntary recycling fee paid each year by Petco members on every tonne of raw material purchased.
This had offset almost 800 000 t of carbon dioxide emissions and saved over three-million cubic metres of landfill space, to date.
“Petco’s achievement of collecting 90 749 t in 2016 was beyond remarkable,” said Petco board member and Extrupet joint MD Chandru Wadhwani.
South Africa’s 55% recycling rate is comparable to international PET recycling rates, with the US rate of post-consumer PET recycling at around 30% and the European average rates at around 59%.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...
VISIT SHOWROOM
Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
