Welcome to the Plastics Weekly, NEO’s regular news monitoring of the plastics industry.
Every week, we publish a roundup of the top developments in plastics and sustainability – from regulatory changes to company news.
This week’s highlights:
- European food companies are failing to deliver on their plastics promises, according to a DW investigation, which found that two-thirds of corporate pledges to go greener on plastic either fail or are dropped. In the next few years, the EU is planning to implement more thorough plastics legislation under the Circular Economy Action Plan, which will include targets for plastics recycling and measures to avoid packaging waste. Change is badly needed, given that global plastics production is forecast to keep growing in the next few decades. (Deutsche Welle)
- The Institute of Scrap Recycling Industries (ISRI) has rejected the “advanced recycling” label, saying plastics-to-fuel technology should not count as recycling. ISRI joined other recycling and plastic organizations in advocating for only using chemical recycling technologies for creating new feedstocks for manufacturing. This comes as recycling facilities and major plastics manufacturers have been throwing their weight behind chemical recycling equipment and facilities. (Waste Dive)
- Bioplastics manufacturers are struggling to meet demand for their materials, as brand owners increasingly look to bioplastics to meet their decarbonization targets. However, demand is exacerbated by legislators around the world, who are cutting down on fossil-based plastic use with single-use plastic bans. IDTechEx forecasts global annual bioplastics production capacity to grow at a CAGR of 10.1% over the next ten years. (Plastics Today)