EuRIC - Plastic Recycling Fact Sheet
Plastic is an important and ubiquitous material in our daily lives and for the European economy. However, to maximize their multiple benefits and mitigate environmental impacts, improving the circularity of plastics at all stages of the value chain – design, production, use and recycling phases – is instrumental. Recycling plays a key role in that respect by turning waste into high-quality recyclates. By doing so, it contributes to save virgin resources, greenhouse gas emissions and energy.
The Brochure highlights the importance of moving towards a circular economy for plastics in Europe. It identifies the most commonly used types of plastics and describes the current state-of-play, challenges faced by the European mechanical plastics recycling industry alongside with key recommendations to overcome them. Plastics recycling’s environmental benefits and economic importance is also touched upon.
Paul Mayhew, President of EuRIC’s Plastic Recycling Branch (EPRB) and General Manager at MBA Polymers, emphasized the major contribution that plastics recycling can make towards a circular economy for improving Europe’s competitiveness and resource efficiency.
Moving towards a more sustainable economy for plastics will deliver considerable benefits. What is missing in order to speed up that transition are measures to stimulate the demand for recycled plastics in products through recycled content targets and incentives rewarding their environmental benefits when compared with virgin plastics and a more consistent legislative framework. It is essential to further restrict landfill and incineration of but also better control unprocessed plastic waste exports outside Europe to countries with lower recycling standards.
These measures are even more urgent today with the plastic recycling industry which has been heavily impacted by the COVID-19 pandemic with a plummeting demand and overly low virgin plastics prices with whom recycled polymers compete.
Following the substantiated call for recycled content of plastics in new cars recently launched by EuRIC, this factsheet will be followed by other publications stressing the vital role played by the recycling industry to realize the transition towards a circular economy and to make of the EU the first world-class economy to achieve climate-neutrality by 2050.