
EU's competitiveness under severe threat: plastics sector at crossroads
The plastic value chain is hit by a strong recession caused by persisting issues such as increased imports of non-EU recycled plastics, reduced investments in domestic raw materials production and recycling, as well as a lack of demand for EU-virgin and recycled plastics. Eighteen industry stakeholders across the plastic value chain call for immediate efforts to strengthen the European plastics industry and promote a resilient, innovative, sustainable European plastics value chain.