UK Plastic Packaging Tax: Critical Warning as Revenue Falls
UK Plastic Packaging Tax revenue fell to £250 million as taxable packaging volumes declined, but the figures raise fresh questions about recycled-content growth.
UK Plastic Packaging Tax revenue fell to £250 million as taxable packaging volumes declined, but the figures raise fresh questions about recycled-content growth.
Asahi Beverages says every plastic soft drink bottle it produces in Australia now uses 100% recycled PET, replacing virgin plastic in around 350 million bottles annually. Caps and labels are excluded.
Suntory, Indorama Ventures and Iwatani plan to introduce direct flake-to-preform recycling in Thailand. The project could supply around 400 million recycled PET bottle preforms annually from 2028.
PET bottle resin prices are weakening during peak beverage season as lower feedstock costs, adequate supply and cautious purchasing outweigh summer demand.
PepsiCo reports lower virgin-plastic use and more recycled content in 2025, alongside progress in emissions, agriculture and nutrition.
Italy’s new compostable packaging rule applies from 8 August 2026 to selected single-use packs used for produce, hospitality and catering. Certification is required now, although the new administrative penalties do not apply until 2030.
Brussels has questioned whether Italy’s proposed compostable-packaging rules comply with the PPWR and the EU Single-Use Plastics Directive.
As the PPWR application date approaches, recyclers must improve shredding, sorting and cleaning to produce reliable, packaging-grade recycled plastic.
Europe’s flexible packaging sector is facing sharp raw-material cost pressure, with film, foil and polyethylene prices hit by energy and supply-chain volatility.