The Recycling Partnership quantifies RPET demand gap

摘要

PET plastic collection is lagging behind recycled resin demand by more than 1 billion pounds per year, according to a study, and investment of $500 million is needed to improve the situation. The Recycling Partnership on Oct. 22 released "The Bridge to Circularity: Putting The New Plastics Economy Into Practice In The U.S." The report is premised on the concept that the current recycling system is insufficient, and The Recycling Partnership identifies key initiatives to move forward. "Our current recycling system is fundamentally underfunded and incapable of delivering a circular economy without dramatic evolution," said Keefe Harrison, CEO of The Recycling Partnership, in a release.