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IFAT Munich: Mastering the Current Challenges of the Circular Economy
Recycling all types of secondary raw materials is an immensely important and interesting, but often also very challenging task, as the partner associations of the world’s leading environmental technology trade fair IFAT Munich illustrate with examples. The next IFAT Munich will take place at the Munich Exhibition Center from May 13-17, 2024. For the circular economy sector, preparations for the world’s leading trade fair for water, sewage, waste, and raw materials management are taking place during an extremely tense economic phase. “We are experiencing lower collection volumes, declining demand, rising inventory levels, and falling prices for wastepaper and scrap. The plastics sector presents a similar picture, with a brutal price war raging between virgin material and recyclates,” stated Eric Rehbock, CEO of the German Association for Secondary Raw Materials and Waste Management (bvse). Waste management companies, with their high transport volumes and complex plant technology, are also under huge cost pressure due to the massive increase in prices for energy, tolls, spare parts, and maintenance work. “In order to see the crisis as an opportunity, the recycling and waste management industry must now focus all its efforts on a sustainable circular economy. That also means that we have to focus more on efficiency and quality in our recycling plants, vehicle fleets and work processes – wherever that is still possible,” added Mr. Rehbock. “This is exactly the mix that we need to work our way out of the recession. The bvse is also committed to this and will be presenting many interesting companies and ideas at its large joint stand in Munich.” Other trade associations such as : Plastics Europe Deutschland e. V., the German Mechanical Engineering Industry Association (VDMA), the VDMA Waste Treatment and Recycling Technology Association, the Federal Association of the German Waste Management, Water and Recycling Industry (BDE), and the Federal Association of German Steel Recycling and Disposal Companies (BDSV) are partners of the event. IFAT Munich will provide visitors with an overall picture of the industry that will be completed by solution tours, a varied lecture program, and of course by the professional and technical expertise of the exhibiting companies.
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