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:
- Plastic industry representative PlasticsEurope says it endorses revisions to the EU’s Packaging and Packaging Waste Directive (PPWD), while calling for a new recycled content target of 30% by 2030. The revisions aim to establish an economically viable way of reusing or recycling all packaging on the EU market by 2030. PlasticsEurope says that the revisions made to the PPWD are “a key piece of legislation for the transition to a circular economy for plastics”. (Packaging Europe)
- Customers at some Tesco Plc supermarkets will now be able to purchase products from brands like Coca-Cola and Heinz in reusable packaging to reduce plastic waste. In partnership with Loop, a reusable packaging platform launched by New Jersey-based recycling specialist TerraCycle Inc., Tesco will roll out a trial in 10 supermarkets across the east of England beginning Monday. (Bloomberg)
- Plastics recycler Yes Recycling is to open a 15,000 mt per year recycling plant in October in Fife, Scotland, according to a company announcement. The new plant will focus on hard-to-recycle plastics, including bank notes, hard hats and printed film packaging, which will be turned into flakes and pellets. Residual waste from the recycling process will be used on site to create the company’s Ecosheet, a 100% post-consumer recycled (PCR) content plywood alternative for the construction sector. (S&P Global)