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Old Posted: 30-12-2008 , 07:20 PM #35
Chris P
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Default Update on Collapse of Recycling Market

Dept Of Environment Press Release (19/12/08):

Minister Publishes Report on Recycling Market

The Minister for the Environment, Heritage and Local Government John Gormley TD today (18th December 2008) published the First Report of the Action Group on the recycling market.

The Group was established last month by the Minister following a dramatic fall in the international price for ‘recyclates’ or materials collected for recycling The drop in demand was very rapid and was caused by the current international economic situation, combined with the very large fall in oil prices. Ireland exports 85 per cent of its recycling material, and the price fall has led to serious difficulties within the recycling industry in Ireland.

Details here:
http://www.environ.ie/en/Environment...y,19146,en.htm

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Chris P
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