Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » More needed on plastics recycling, EU tells industry

    More needed on plastics recycling, EU tells industry

    npsBy nps21 November 2018Updated:25 June 2024 No Comments3 Mins Read
    — Filed under: Environment EU News Headline1
    Share
    Facebook Twitter LinkedIn Pinterest Email
    More needed on plastics recycling, EU tells industry

    Plastic water bottles – Image Pixabay

    (BRUSSELS) – The European Commission is looking for more commitments from industry on plastics recycling, following a preliminary assessment Tuesday of voluntary pledges received from industry.

    “To get to a circular plastics economy, it is essential that more recycled plastics find their way into new products,” said EC vice-president Frans Timmermans: “While we are very grateful for the variety of contributions we received from different industry representatives, more needs to be done. We will now analyse which should be the next steps to further boost the uptake of recycled plastics and close the gap between supply and demand. This is not only necessary for safeguarding our natural environment but also good for our economy as Europe leads the way.”

    Following its EU-wide pledging campaign, the EU executive’s preliminary assessment shows that EU industry is significantly committed to recycling plastics – at least 10 million tons of recycled plastics could be supplied by 2025 if the pledges are fully delivered. However, on the demand side, only 5 million tons are expected so far, demonstrating that more will be needed to achieve the objective of a well-functioning EU market of recycled plastics.

    The Commission it received over 60 pledges by the end of October and is now reviewing them in more detail to analyse their impact per plastic types on supply and demand aspects. The main pledges received came from plastics recyclers, industry associations for Expanded Polystyrene and brand owners mainly for PET packaging. While the official pledging exercise announced in the Plastics Strategy is now closed, it say more companies are preparing their commitments.

    Preliminary analysis indicates that pledges from recyclers would give enough recycled plastics to reach the EU target by 2025. However, as the demand for recycled plastics may increase quickly if good quality material becomes available in stable quantities and at competitive prices, based on the current pledges the demand for recycled plastics needs developing. Further actions should therefore be envisaged to support an increased demand for recycled plastics.

    The Commission says it will now analyse the pledges in more detail and publish the results in the first quarter of 2019. It expects this to identify gaps between supply (recyclers) and demand (producers, converters, manufacturers) for the different plastic types, and guide future actions, including the ongoing assessment of regulatory or economic incentives in targeted sectors such as the automotive, construction and packaging sectors that were announced in the Plastics Strategy.

    European Strategy for Plastics – voluntary pledges

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Danish presidency decorations - Photo © European Union 2025

    New Danish EU presidency aims to deliver on security and competitiveness

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Eurozone investor sentiment remains upbeat – Euro currency news daily

    Van driver - Photo by Kampus Production on Pexels

    Risk Management Strategies for Your Delivery Business

    Accessibility - Photo by RDNE Stock project on Pexels

    EU accessibility act into force for key digital products

    Christophe Hansen - Photo © European Union 2025

    EU agrees new trade deal with Ukraine

    Space satellites - Photo by Kevin Stadnyk on Unsplash

    EU cuts red tape in space

    LATEST EU NEWS
    Danish presidency decorations - Photo © European Union 2025

    New Danish EU presidency aims to deliver on security and competitiveness

    1 July 2025
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Eurozone investor sentiment remains upbeat – Euro currency news daily

    1 July 2025
    Accessibility - Photo by RDNE Stock project on Pexels

    EU accessibility act into force for key digital products

    30 June 2025
    Christophe Hansen - Photo © European Union 2025

    EU agrees new trade deal with Ukraine

    30 June 2025
    Space satellites - Photo by Kevin Stadnyk on Unsplash

    EU cuts red tape in space

    30 June 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Design and developed by : 

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?