Wigston, Leicester -- (SBWIRE) -- 04/24/2015 -- Recent figures in light of the last few months of falling oil prices have revealed a significant, perhaps unanticipated impact upon the recycled material industry – especially concerning the recycling of plastics. With the price of oil dropping to under £40 a barrel for the first time in five years, this has seen a correlation in price; the recycled plastic market prices have plunged more than 50% in just six months. This is because that in a used and recyclable form, is potentially more readily available at cheap prices.
However, organizations which specialize in and revolutionize the recycled plastics industry have been quick to comment. After all, a recent international meeting hosted by Dan Rogerson, Parliamentary Under Secretary of State for water, forestry, rural affairs and resource management, saw the market being discussed and voices being raised emphasizing the importance, now more than ever, of supporting the recycled plastic market. Whereas the prices of raw plastic fluctuate according to oil prices, recyclables will always have sustainable advantages and can be enhanced in themselves.
SEAC are a company involved with the manufacturing of Fiberon - a versatile composite material suitable for outdoor use, incorporating recycled plastic and wood. A spokesperson from the company reflected "The falling oil prices have meant good news for many purchasers out there, the lower prices for fuel and materials are especially good at the moment.
"This is why we want to emphasize the especial accessibility and affordability of recycled solutions. The oil prices will not remain low, as are subject to fluctuation, whereas when you opt for a recycled product – rather than aggravating the market, you are taking a step to contribute to a positive, more environmentally friendly economy, which is obviously what is desirable for the future. Therefore, by choosing this time to get involved with recycled plastic materials, this means purchasers can potentially get involved at a lower price, making a choice which will be long-lasting."
SEAC are specialist providers in fittings and composite material products – thus taking the best of original materials and combining them, often for a recycled, sustainable solution. They are frequent commentators upon material industry issues, for more information please visit http://www.fiberondecking.co.uk
Company name: SEAC
Tel: 0116 2887719
Contact person: Carol Kay
Address: Unit 2-4 Chartwell Drive