The European organizations within the six plastics value chains volunteer to launch the "Recycling Platform" to achieve 50% recycling of waste plastics by 2040.
On January 16, the groups said they are working with the European Commission on existing plastic recycling activities in the EU.
The group also set a goal of 70% for plastic packaging recycling and reuse, and the division said that this goal can only be achieved through the participation of the entire value chain, including raw material producers, designers, brand owners and more.
The joint statement said: "The real industrial transformation can only be achieved through the strong participation of the plastics industry, whose stakeholders come from the entire plastics value chain."
The participating organizations include: Plastics Recyclers Europe (PRE)、Petcore Europe、the European Carpet and Rug Association (ECRA)、the Polyolefin Circularity Platform (PCEP Europe)、(EuPC) and VinylPlus。