Page 70 - Plastics News Issue March 2024
P. 70
IN THE NEWS
ing our learnings, we hope others will the potential impact of the EU Pack- ers, committing to sustainable and
join us in our effort to create a circular aging and Packaging Waste Regulation ethical business practices has become
economy.” (PPWR). Legislation will play a vital paramount,” said Ferdous. “Our team
Among many important findings, the role as a facilitator of transformation is already working on novel design and
2023 study revealed that looming im- in coming years, rousing action in material innovations in anticipation of
plementation of Extended Producer organisations that have struggled to our customers’ future needs as we
Responsibility (EPR) legislation in the meet their voluntary circularity goals. progress to a truly circular economy.”
US will be a pronounced driver of “At a time marked by new legislation,
change. In addition, those that oper- impending deadlines, and heightened
ate on a global scale are conscious of scrutiny from consumers and retail-
72 PLASTICS NEWS March 2024
