Newspaper reports of the recycling industrys demise have been widely exaggerated, according to trade body the Environmental Services Association.
ESA chief executive Dirk Hazell was optimistic about the industrys future as he rejected the findings of many national press stories in the past week that markets for recyclates had collapsed. He called the recycling industry a modern British success story, with collections at their highest ever levels and set to rise.
Hazell said: Our members report that, despite the slowdown in global economic activity and lower prices for collected materials such as paper and plastics, markets appear to be stabilising and shipments are continuing to British and overseas recycling reprocessors.
"It is not unusual to see pauses in trading activity over the Christmas period and before the Chinese New Year but our members report that stockpiling has been the exception, not the norm.
While markets go up and down, recycling is here to stay and Britain must sustain its upward trajectory.
His comments echo those of the Local Government Association (see MRW story) which said the vast majority of councils are not stockpiling recyclates.
Hazell added: Local authorities of all political colours and the Government, working in partnership with ESAs members, have achieved a revolution over the last decade, with Englands household recycling more than quadrupled.