India’s plastic credit market is poised for significant growth, projected to expand by 70% to reach $1.7 billion by 2030. This surge is primarily driven by the implementation of stricter rules under the Extended Producer Responsibility (EPR) framework, which mandates plastic producers, importers, and brand owners to incorporate recycled content in their packaging materials.
Read MoreA new OECD report confirms what many in the industry already suspected: less than 10% of plastic is recycled globally. The number has barely moved in decades. That’s despite billions spent on recycling programs, public awareness campaigns, and corporate sustainability commitments.
Read MoreSustainability commitments are driving a surge in rPET usage across industries. The European Union now requires all PET beverage bottles to contain at least 25% recycled plastic by 2025. Meanwhile, major brands have set ambitious targets of incorporating up to 50% recycled plastic into their packaging.
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