European polymer market outlook is bleak 2019-10-15
Author: Shaw Source: China Chemical Industry News October 08, 2019 hearing before Japan new network, the latest report of AMI Consulting's \"2019 European polymer demand\" shows that 2023 years ago, the European polymer demand grow at an annual 1.5 % Growth rate. The European Commission’s goal is to make all packaging plastics recyclable by 2030 and require the industry to take the lead voluntarily. In addition, in March 2019, the European Parliament signed a bill prohibiting the use of disposable plastic products such as plates, cutlery, straws and cotton swabs. The ban will take effect in 2021. By 2025, plastic bottles must also contain at least 25% recyclable ingredients, and by 2030 the proportion of recyclable ingredients will reach 30%. Whether through legislation or due to consumer pressure, the packaging industry will face major adjustments in the coming years. In addition to the packaging industry, other plastic terminal applications are unique
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