Ocean plastics may buoy Europe R-PET market
Overview:
Major global brands are making pledges to increase the amount of R-PET (recycled PET – polyethylene terephthalate) in their PET beverage bottles. This is to either meet or exceed the EU’s 25% target by 2025, largely driven by consumer pressure.
EU legislation and the global war on plastic waste are leading to a massive amount of public and government attention on recycled plastics. Take a look at our deep dive into ocean-bound plastics, and if they could be the solution.
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