Oireachtas Joint and Select Committees
Tuesday, 18 May 2021
Joint Oireachtas Committee on Agriculture, Food and the Marine
Farm Plastics Recycling: Discussion
Mr. Liam Moloney:
I am afraid the product has no positive value so we do not get any income from selling it. Indeed, a very significant cost is incurred. As the Deputy is aware, that cost has escalated in the last few years due to the decision by the Chinese to stop importing plastic waste in 2017-2018. It caused a flooding of the global market.
That resulted in our costs increasing from €4 million in 2018 to €6 million last year.