EuRIC Applauds Commission for Including a Post-Consumer Recycled Content Target of 25% for Plastics in New Cars

The European Plastic Recycling Branch (EPRB) of EuRIC strongly welcomes the new European Commission proposal setting a recycled content target of 25% for post-consumer plastics into new cars as of 2030 as part of the revision of the end-of-life vehicles (ELV) Directive. In line with EuRIC’s science-based advocacy 1 , these targets are absolutely needed […]

EuRIC Expresses Concern over Equating Recycling with Destruction

The European Recycling Industries’ Confederation (EuRIC) welcomes the adoption of the report on the Ecodesign for Sustainable Products Regulation (ESPR), with 473 votes in favor, 110 against and 69 abstentions, by the European Parliament today. With only around 12% of material resources stemming from recycled materials, the European economy remains largely linear up to this […]

Collaboration to Realize Future TruStyrenyx Plant

INEOS Styrolution America LLC and Norway-based Agilyx ASA have informed that they are advancing the development of a previously announced 100 tons per day TruStyrenyx chemical recycling facility in Channahon, Illinois. TruStyrenyx is a partnership between Agilyx and Dutch Technip Energies. The technology provides an all-in-one solution for the chemical recycling of polystyrene back into […]

European Investment Bank Supports Portuguese Waste Management

The European Investment Bank (EIB) has granted a 100 million Euro loan to EGF, the company responsible for the treatment and recovery of urban waste in 174 municipalities in Portugal, to support waste management projects in the country. In March this year, the loan agreement was ratified in Lisbon. As stated, the committed financing will […]

ALPLAindustrial: New Brand for Large-Volume Containers

Since May, the internationally active ALPLA Group has been marketing all activities relating to large-volume plastic packaging for industrial and commercial use, such as buckets, canisters and their closure systems, under the ALPLAindustrial brand. According to ALPLA, one of the world’s leading companies in the production and recycling of plastic packaging, more than a year […]

Study and Pilots for African Countries Underway

A study and pilot to establish if a digital waste management solution could improve waste collection and recycling in Southern Africa, starting with Angola and Mozambique, is underway by Circular Action. The five-month-long study builds on Circular Action’s experience of waste management in developing countries and its project using the KOLEKT waste management app in […]

Global Black Mass Recycling Market Set to Surge

USA-based market research and consulting firm InsighAce Analytic has released a market assessment report on the global black mass recycling market. “Black mass” is the industry term used to describe a type of e-waste comprising crushed and shredded end-of-life batteries, which contains mixtures of metals including lithium, manganese, cobalt and nickel. According to InsighAce Analytic, […]

Enhancing the Quality of Mechanically Recycled Plastics

Dow has developed a washing technology called EVOWASH. According to the company, it supports “high-quality mechanical recycling for the production of exceptional post-consumer-recycled (PCR) plastic resins that meet the expectations of customers – mainly those in the packaging industry – while minimizing the commercial risk and investment of resources to develop a robust mechanical recycling […]

Circular Plastics Fund Welcomes New Investors

In April this year, Infinity Recycling announced the successful closing of a new round of commitments to their Circular Plastics Fund. The Luxembourg-registered Circular Plastics Fund (CPF) has an initial target size of 150 million Euros, which is an Article 9 “dark green” impact fund, under the EU’s Sustainable Finance Disclosure Regulation. Its investments aim […]

EuRIC Strongly Supports the Czech Proposal to Lower VAT for Products Made of Recycled Materials

EuRIC reiterates its strong support for economic incentives as a powerful tool for the transition to a circular and climate-neutral economy. Fiscal instruments are no exception. Thus, EuRIC warmly welcomes the proposal made by the Czech Republic to the Council to explore lower VAT rates for products made of recycled materials and recyclates. Replacing extracted […]

Certain Pre-Requisites Needed to Ensure the PPWR Delivers

Following first compromise proposals on the Packaging and Packaging Waste Regulation (PPWR) by the European co-legislators, the European Recycling Industries’ Confederation (EuRIC) is making an urgent plea to EU decision makers for ensuring that the PPWR delivers on closing the loop. While EuRIC strongly supports amendments for mandatory collection targets and recycled content third party […]

Navigation Tool Regarding Plastic Recycling

The European project TRANSFORM-CE, funded by Interreg North-West Europe, has presented a tool to transform single-use plastic into new products for a circular economy. The Navigation Tool results from a three-year project, in which international partners from Belgium, Germany, the Netherlands and the United Kingdom collaborated to recycle high-value and low-value household plastic waste streams. […]

Study: Investment Gap to Meet EU’s Plastics Recycling Targets

In March, the European Investment Bank (EIB) published a new study titled “Cutting plastics pollution – Financial measures for a more circular value chain”. The authors have analyzed the inefficiencies of the plastics value chain and their solutions in the European Union. Furthermore, they examined ten root causes of the plastic waste problem and identified […]

North Macedonia: Investment Grant to Build a Wastewater Treatment Plant

EIB Global, the arm of the European Investment Bank (EIB) for activities outside the European Union, has signed a 70 million Euro EU investment grant with the government of the Republic of North Macedonia to build a wastewater treatment plant in Skopje. Signed on World Water Day in March, this is the largest EU investment […]

USA: AllianceBernstein Launches Three New Active Equity ETFs

In March this year, AllianceBernstein Holding L.P. (AB) and AllianceBernstein L.P., a leading global investment management and research firm, announced the launch of three new active exchange-traded funds (ETFs) on the New York Stock Exchange (NYSE). Global liquidity provider Citadel Securities would be the Lead Market Maker on these products, “bringing extensive industry experience and […]