€10 billion worth of investment needed to improve EU recycling

Written by: Editorial staff | Published:
Up to €10 billion worth of investment is needed to boost EU recycling, FEAD says

Up to €10 billion worth of investments will be needed to improve separate collection, sorting and recycling capacity at EU level, according to FEAD.

The EU private waste and resource management industry highlighted crucial points that its says need to be looked at in order for the Plastics Strategy to be fully effective.

This included plastic products designed for recycling, reduced VAT for products with recycled content and quality standards.

FEAD members welcomed the Plastics Strategy amendments calling for mandatory rules on recycled content, which it says will stimulate the demand for secondary materials and help drive necessary investment in collection, sorting and recycling.

A spokesperson for the FEAD said: “Our industry is prepared to make the necessary investments if there are legislative measures ensuring a significant uptake of plastic recyclates; which is becoming even more necessary by the minute in view of the Chinese ban on imports of certain waste streams.”

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