Why is there a resin shortage 2021?
A combination of COVID-19-driven demand, catastrophic weather and logistical challenges has created resin supply shortages that are pushing prices up for plastics manufacturers. February 2021 saw the largest increase in resin prices on record in a single month, and March is close behind.
What is recycled resin?
Post consumer recycled resin (PCR resin) is a material made from recycled plastic, such as water and beverage bottles and other packaging. It offers a more sustainable source for making packaging films, containers, sheets, and many of the products that would otherwise be developed with virgin plastic resin.
What are the 7 plastic resin codes?
Here are the seven standard classifications for plastics, and the recycling and reuse information for each type.
- #1 – PET (Polyethylene Terephthalate)
- #2 – HDPE (High-Density Polyethylene)
- #3 – PVC (Polyvinyl Chloride)
- #4 – LDPE (Low-Density Polyethylene)
- #5 – PP (Polypropylene)
- #6 – PS (Polystyrene)
What is regrind resin?
Regrind, also referred to as reprocessed or utility, is any recaptured scrap resin resulting from the manufacturing process. For example, rejected parts and production scrap are two of the main sources of regrind.
Is resin still in short supply?
As it stands now, more than 60% of manufacturers are reporting resin shortages, according to survey data from AlixPartners. It expects the problem could persist for up to three years until production capacity catches up with demand.
What is the price of resin today?
The price of PVC Resin products is between ₹92 – ₹150 per Kg during Dec ’20 – Nov ’21.
Is recycled resin safe?
Virgin LDPE resins are safe for food contact. While recycled LDPE/PP blends have been approved for food contact by the FDA on two occasions, materials made from 100% PCR LDPE resin are not cleared for food contact. LDPE has good chemical resistance, high impact strength, and strong wear absorption.
Can you recycle hardened resin?
Cleaned parts and cured resin cannot be recycled. Discard cleaned parts and cured (hardened) resin as household waste.
Is number 7 plastic safe?
To summarize, plastics in categories #2, #4 and #5 are generally considered safe. Be weary of putting them in the microwave, even if they are labeled “microwave-safe”. Plastics #1, #3, #6 and #7 should be used with varying to extreme caution, especially around food or drink.
How much is plastic regrind worth?
The true cost of regrind…
| Cost of Regrind per Pound | |
|---|---|
| Material Cost | $0.75 |
| Labor / Processing | $0.35 |
| Machine Depreciation | $0.10 |
| Regrind Value | ($0.35) |
What is regrind used for?
Regrind plastic reduces the need for virgin resin production which eventually increases the availability of fossil fuels. Recycled and reused plastic costs lesser than virgin resins. During granulation or palletization, the plastic scrap is mixed with a small portion of virgin resin to regain its properties.
How can I maximize my resin investment?
Maximize your resin investment with plastic pelletization services from Stockbridge Plastics. In many instances, a reprocessed pellet is best suited for your process. We grind and repelletize your unusable sprues, runners, and imperfect parts, turning your scrap into a value stream of cost savings for your company.
Is post-consumer resin the solution to plastic pollution?
This sentiment is echoed by companies in a variety of industries around the world. Post-consumer resin is one solution to curbing the growing plastic pollution problem and decreasing the depletion of natural resources.
What is post-consumer resin (PCR)?
Post-consumer resin (PCR) includes consumer packaging items such as plastic film, bottles, milk jugs, buckets, and also industrial packaging items such as IBC totes and poly drums. These items can be reprocessed into recycled plastic that’s used to make new products.
What is the difference between post-industrial and post-consumer resin?
This differs from post-industrial, or pre-consumer material which is defined as “material diverted during a manufacturing process”. Post-consumer resin (PCR) includes consumer packaging items such as plastic film, bottles, milk jugs, buckets, and also industrial packaging items such as IBC totes and poly drums.