Welcome to the Plastics Weekly, NEO’s regular news monitoring of the plastics industry.
Every Monday, we publish a roundup of the top developments in plastics and sustainability – from regulatory changes to company news.
This week’s highlights:
- England may soon ban single-use plastic cups, plates, cutlery and other disposable items as the government works to eliminate all “avoidable” plastic waste by 2042. Ministers are also planning to introduce a plastic packaging tax from April 2022 for packaging that is not made from at least 30% recycled materials. (Financial Times)
- The CEO of Dow Inc., a leading chemicals manufacturer, has warned of the hefty price tag that could come from a proposed move to zero-carbon emission electricity currently under discussion at the U.S. Congress. Dow has invested billions of dollars into U.S. petrochemical facilities seeking to capitalize on the fossil fuels unlocked by fracking to make, among other things, the little plastic pellets that are eventually fashioned into various everyday goods. (The Wall Street Journal)
- What are three common misconceptions about sustainability and plastics? Forbes Business Council member Lou Cysewski, Co-founder and CEO of Coolperx, the first net carbon neutral merchandising company in the world, addresses commonly held beliefs about recyclabilitiy, composting and rPET clothing. (Forbes)