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US demand for PCR plastic to reach 3.5 billion pounds in 2016

from Packaging World

U.S. demand for post-consumer recycled plastic is forecast to rise 6.5 percent per year to 3.5 billion pounds in 2016, according to a new study. The study adds that gains will be driven by a number of factors, including a growing emphasis on sustainability among packaging and consumer product manufacturers, advancements in processing and sorting technologies that allow a wider variety of plastic to be recycled into high-quality resins, and an improved collection infrastructure that raises the plastic recycling rate. more

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