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Thus only approximately 15% of collected PET bottles were actually recycled into new bottles, the rest being used in generally non-recyclable products. Petcore , the European trade association that fosters the collection and recycling of PET, reported that in the EU 28+2, [ 14 ] out of 3.4 Mt bottles sold, 2.1Mt of PET bottles were collected in ...
In many countries PET bottles are recycled to a substantial degree, [62] for example about 75% in Switzerland. [64] The term rPET is commonly used to describe the recycled material, though it is also referred to as R-PET or post-consumer PET (POSTC-PET). [65] [66] The prime uses for recycled PET are polyester fiber, strapping, and non-food ...
The 1.5 L refillable PET bottle with a deposit of 4.00 kr has been discontinued, and has been replaced by the 1.5 L recycle PET bottle. The last day for returning bottles made by Spendrups for deposit was 30 June 2007, [164] and the last day for bottles made by Coca-Cola Sweden was 30 June 2008. [165]
For bottle-to-bottle recycling, the bottles have to be decontaminated which was achieved by introducing "super-clean recycling processes," which in the US was done for the first time in 1991. [5] These processes clean "recycled PET flakes to contamination levels similar to virgin PET pellets," so that they can be reused as beverage containers.
LIFO considers the last unit arriving in inventory as the first one sold. Which method an accountant selects can have a significant effect on net income and book value and, in turn, on taxation. Using LIFO accounting for inventory, a company generally reports lower net income and lower book value, due to the effects of inflation.
In open-loop recycling, also known as secondary recycling, or downcycling, the quality of the plastic is reduced each time it is recycled, so that the material eventually becomes unrecyclable. It is the most common type. [98] Recycling PET bottles into fleece or other fibres is a common example, and accounts for the majority of PET recycling. [101]
Additionally, an eco-cost to value ratio can be useful [6] The goals are to improve the long term viability and quality of life for humans and the longevity of natural ecosystems. Sustainable packaging must meet the functional and economic needs of the present without compromising the ability of future generations to meet their own needs. [ 7 ]
The most common packaging material for single-serve, non-carbonated bottled water in the United States and Europe is polyethylene terephthalate (PET) plastic. [23] [24] Marked in many countries with resin identification code number "1", PET is 100% recyclable, [25] though recycling rates vary by region. In 2014, approximately 1.8 billion pounds ...