Online delivery packaging, takeaway cups and plastic drink bottles could see new targets for reuse and recycled content under proposals from the European Commission.
The Ellen MacArthur Foundation’s latest report showed that major packaging companies doubled their collective PCR percentage from 2018 to 2021. However, pandemic-related commerce trends also helped accelerate virgin plastic consumption.
Plastics producers rolling out chemical recycling technologies can access new feedstock streams by helping to finance secondary sortation facilities, according to a McKinsey study.
A federal bottle bill, more extended producer responsibility bills and pressure on single-use plastics are all in the future of plastics legislation, industry policy experts predicted.
Global plastics producers will invest about $100 million in a plastic scrap sorting facility to generate feedstock for both mechanical and chemical recycling processes.