Wide world of recycling

Wide world of recycling

By Editorial Staff, Resource Recycling

U.K. recycling facilities may be facing whopping increases in insurance premiums, and one group lays out a path to 60 percent plastics recovery in the EU.

In the wake of several high-profile fires at U.K. recycling facilities, insurance companies in the country are reportedly raising rates for some scrap companies, a development that could affect industry profitability for years to come. Some executives, in fact, are saying their companies' premiums are set to rise as much as 50 percent.

Brussels-based Plastics Recyclers Europe recently released a study that outlines how the European Union could achieve a plastics recycling rate above 60 percent by 2020. The aggressive goal (the EU's current plastics diversion rate is just 24 percent) involves landfill bans, product design shifts and improved collection and sorting procedures.

Both liberal and conservative politicians in England have voiced support for a national tax on plastic bags at large supermarkets and other retailers. Backers say the proposed 5 pence fee (around $.08) would go to charitable groups, not government coffers. Plastics manufacturers are, not surprisingly, lining up to stop such legislation, calling it a "political diversion."

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