A recent report by Plastics Europe has revealed that the transition to a circular plastic economy decreased “dramatically” in 2024. It outlines that, amid increasing global competition and weak investment opportunities, 15.8% of Europe’s total plastics production was circular. The report, titled The Circular Economy for Plastics: A European Analysis, identifies that Europe’s annual growth in circular production declined from 13.6% in 2022 to 1.2% in 2024, with circular output dropping to 8.7 metric tons.Read More
