The major problems are the lack of the demand due to the closure of converting plants and the record low prices of virgin plastics as well as the decreased activity globally.
Ton Emans, PRE president commented: ‘If the situation is to persist and no actions are taken to remedy the sector, plastics recycling will cease to be profitable, hampering the attainment of the EU recycling targets and putting in jeopardy the transition towards circular plastics’. In such a case, recyclable plastic waste will have no alternatives but to be sent to landfill or incineration.
Plastics recycling industry calls on the EU and the Member States to include recycling as one of the sectors supported by their Recovery Plans and to continue implementing the measures under the Circular Economy umbrella.
Image: bogdan ionescu/Shutterstock