The new packaging regulation will not solve the current recession in the plastics recycling industry
The ever increasing demand for cheaper plastic recyclate from Asia is influencing the gradual closure of recycling plants in the EU. The critical situation and the urgent need to address it are being highlighted by Plastics Recyclers Europe. Plastics Recyclers Europe President Ton Emans said: "This situation undermines progress and investment in improving recycling processes. Many recyclers are struggling to survive in a market flooded with uncontrolled imports that [...]