Page 64 - Plastics News June 2026
P. 64

INTERNATIONAL NEWS







          thus strengthening their competitiveness. These       accelerated from 5% to 7.7%. Moreover, high en-
          are reflected in the company’s ability to provide     ergy and feedstock costs are eroding the com-
          four-color  automotive lamp injection  moulding       petitiveness of European manufacturers. Rising
          machines, rPET-dedicated injection moulding           emissions costs and intense global competition
          machines, and wafer box-dedicated injection           are making investment in new circular technolo-
          moulding machines. Through industry–academ-           gies increasingly difficult. The report spotlights
          ia collaboration, CLF combines internal expertise     Europe’s “dependence” on external value chains.
          with academic research capabilities to develop        It says that 19% of converter demand for circular
          smart machinery. It continues exploring AI learn-     plastics was met through imports, while 12.4% of
          ing and adaptive control, collecting and learning     Europe’s collected waste is recycled in other re-
          from data to adjust parameters based on chang-        gions. Europe is still exporting plastic waste be-
          es in material characteristics—achieving optimal      cause, today, it is often neither economically nor
          moulding conditions. This not only reduces de-        structurally viable to process it all within Europe.
          fect rates, but also lowers energy consumption.       This is not a waste problem alone; it is a com-
                                                                petitiveness and investment problem.
          Europe’s Circular Plastics Transition “GROUND
          TO A HALT                                             Vietnam Reviews EPR rules Amid Recycling
                                                                Concerns
          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 Eu-
          rope’s total plastics production was circular. The
          report, titled The Circular Economy for Plastics:
          A European Analysis, identifies that Europe’s an-
          nual growth in circular production declined from
          13.6% in 2022 to 1.2% in 2024, with circular out-
          put dropping to 8.7 metric tons.

          Craig Arnold, vice president at Plastics Europe,
          said “Europe’s circular plastics transition is slow-
          ing not because ambition is lacking, but because      Vietnam  is  reassessing  its  Extended  Producer
          the economic conditions to scale circularity are      Responsibility (EPR) framework as regulators
          still missing. While there is a demand for circular   look  to  close  gaps  between  policy  intent  and
          plastics, the European annual production growth       real-world recycling outcomes.
          has nearly ground to a halt. The gap between
          political ambition and industrial reality is widen-   The Ministry of Natural Resources and Environ-
          ing.”  By contrast, the report explains that annual   ment has initiated a review of the country’s EPR
          growth in global circular plastics production has     decree, amid concerns that too many producers


             66   PLASTICS NEWS                                                                         June 2026
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