On January 1, 2021 the EU introduced a plastics tax of Eur800/mt on plastic packaging that is not recycled. The levy is just one example of policies being enacted by governments across the world to tackle the issue of plastic pollution.
A raft of new legislation, along with voluntary commitments by major users and producers of plastic, aims to rid the world of plastic waste and is pushing demand for recycled plastics ever higher.
S&P Global Platts Analytics forecasts that mechanically recycled plastics will displace over 1.7 million mt of virgin polymer feedstocks by 2030, compared with 688,000 mt in 2020. Read more…..
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Daniel Kahneman, recipient of the Nobel Prize in Economic Sciences for his seminal work in psychology that challenged the rational model of judgment and decision making, is one of our most important thinkers.
