CARBIOS, a company pioneering new bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers, has announced the signing of the European Plastics Pact on the occasion of its official launch in Brussels on 6 March 2020.
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Carbios signs European Plastics Pact
The Pact forms a European network of companies, States and NGOs who want to join forces to create a true circular economy of plastics that enables all market players to meet, or even exceed, the plastic recycling targets set by the European Union.
This public-private coalition aims to work, on all levels, to improve the recyclability and reusability of products by incorporating more recycled materials into new products and packaging. Although some companies and organisations have expressed criticism due to a negative impact on recyclers.
Carbios’ innovation in the field of plastic recycling aims to help the Pact achieve its objectives. In a collaborative and cross-border approach, Carbios and European Plastics Pact partners want to share their expertise to engage all stakeholders in virtuous management of the plastics lifecycle.
In this context, the signatories hope to ensure a complementarity with existing global initiatives, whose foundations are aligned with the New Plastics Economy Global Commitment of the Ellen MacArthur Foundation and the Circular Plastic Alliance.