ICIS launches Recycling Supply Tracker

London-based commodity intelligence service provider ICIS has developed the Recycling Supply Tracker, a service designed to help companies looking to source recycled plastics to gain a comprehensive view of the sector, identify new supplier relationships and take a strategic view on existing and announced projects. The global database provides information on production capacities, output volumes, feedstock source and site status and is designed to bring transparency and support the transition to a circular economy.

The Recycling Supply Tracker follows four grades of recycled plastics, high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET) and polypropylene (PP), in pellet, flake and regrind forms. The tracker has details on more than 1,800 medium and large recycling facilities around the world, according to ICIS, including where the plants are located, what products they produce and in what quantities, as well as how to contact them. Interactive filters allow the search to be narrowed by region, country or a specific product. It also shows whether the plant is in operation, under construction or announced. Further filters on specifics such as product color and feedstock source also are available. 

“The tracker is designed to help companies source recycled resins globally, tackling one of the biggest challenges we know the industry is facing,” Louise Boddy, head of strategy, sustainability, at ICIS says. “We bridge the gap between companies’ sustainability targets and actually finding supplies of recycled plastic on the ground in markets that remain fragmented and unfamiliar to many.  Our recycling analysts scour the world to find recycling plants that can support the circular economy and help those who want to increase their use of these environmentally friendly materials.”

Seeing the extent and location of the world’s plastics recycling infrastructure with this tool enables regulators, investors and companies to see where the capacity is lacking and how fast it is being built, ICIS says.