12 years of consistently growing PET recycling tonnages

12 years of consistently growing PET recycling tonnages
11 Jul 2016

12 years of consistently growing PET recycling tonnages

In celebration of PETCO’s 12th year of operating in the Polyethylene Terephthalate (PET) plastic recycling industry, key role-players in the industry are invited to save the date for the 11th PETCO AGM taking place on Thursday, 21 July 2016 from 11:00 to 15:00 at The Venue Green Park, Sandton. As part of the AGM proceedings, PETCO will also be hosting their PETCO Awards, the aim of which is to honour individuals, businesses and organisations that played a significant role in the PET recycling value chain in South Africa during the course of 2015.

“PETCO is delighted that for the eleventh successive year, the post-consumer PET bottle-recycling rate has increased, despite two of the biggest falls in oil prices seen in recent years,” says CEO Cheri Scholtz. “The 1.7 billion PET bottles that were collected across South Africa in 2015, which equates to approximately 4.7 million bottles collected each and every day, sustained over 50 000 income opportunities.”

In its latest results for 2015, PETCO reports that the organisation recycled an additional 15% of post-consumer bottles in comparison to the previous year, with the total PET market growing by 8.5% to 210 000 tonnes. An annual PET recycling rate of 52% of post-consumer bottle PET was achieved and, for the first time, PETCO recycled more bottles than those going into landfill.

Scholtz continues: “While this is an extremely proud accomplishment for PETCO, we could not have achieved this without the people, companies and organisations we work with that have made extraordinary contributions to the recycling of post-consumer PET in South Africa.”

The PETCO Awards, which will form part of PETCO’s 2016 Annual General Meeting (AGM), have specifically been created to recognise and celebrate stakeholders in the PET value chain for their commitment and contributions to advancing the PET recycling industry.

“The 2016 PETCO Awards is all about celebrating the great innovations, achievements and contributions made by individuals and organisations towards PET recycling within South Africa’s PET sector,” concludes Scholtz.

The PETCO Award categories are as follows:
1. Best Recycling Information, Awareness and Education Programme
This award acknowledges projects and initiatives that have been set up to raise awareness on recycling amongst a specific target group. This includes school-, corporate-, or consumer-focussed programmes.

2. Best Product using recycled PET (rPET)
This award is awarded to the locally-produced product that best reflects a commitment to using rPET

3. ‘Designed for Recycling’
This award recognises the organisation that recognises the importance of product design for end-of-life solutions through its manufacture of the most “recyclable” PET product. Brand owners in particular are encouraged to put forward nominations for products that are aligned with PETCO’s D4R guidelines.

4. PETCO Recycling Champion
This award recognises a successful project or initiative which has delivered greater recycling and/or improved sustainability in waste management. Nominations for this award can be from across the entire PET value chain, from retailers to recyclers, collectors to consumers.

5. PET Community Outreach and Upliftment
This award recognises an individual or organisation whose ingenuity and perseverance have created and sustained successful business ventures in the PET collection or recycling industry that directly benefit and uplift the communities within which they operate.

6. Woman PET-trepreneur
This award recognises a female entrepreneur whose ingenuity and perseverance has created and sustained a successful, growing business venture in the PET collection or recycling industry.

7. PET-trepreneur
This award recognises a male entrepreneur whose ingenuity and perseverance has created and sustained a successful, growing business venture in the PET collection or recycling industry.

8. PET Recycling Local Authority Initiative
This award recognises a municipality whose quality of service delivery around waste management and recycling is exemplary and a model for other municipalities to follow.

9. PETCO’s Small- or Medium-sized Business Champion
This award recognises an SMME within the PET value chain that has made an outstanding contribution to waste minimisation and/or job creation.