EU at Risk of Missing Plastic Recycling Target

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The Covid-19 crisis has also intensified a price war between recycled plastics producers and makers of virgin plastics, which had already been rendered much cheaper to produce by a plunge in oil prices.

Recent changes to EU rules should give a clearer picture of actual recycling rates, the ECA said.

But the more rigorous reporting requirements could see the EU's official plastic recycling rate drop from 42 percent currently, to around 30 percent, it warned — leaving an even bigger gap with the new targets.

(Writer: Kate Abnett | Editor: Catherine Evans)

Source: https://www.reuters.com/article/us-eu-environment-plastics-idUSKBN26R1JC