In light of the ENVI Committee’s upcoming vote on the Plastics Strategy on July 10, FEAD, the EU private waste and resource management industry, welcomes MEP Mark Demesmaeker’s draft own-initiative report. However, FEAD would like to highlight crucial points that need to be touched upon in order for the Plastics Strategy to be fully effective.
A strong demand for recycled plastics will only result from concrete binding actions accompanied by economic measures to bridge the price gap detrimental to plastics from recyclates. FEAD members welcome the amendments calling for mandatory rules on recycled content which will stimulate the demand for secondary materials and therefore help drive the necessary investment in collection, sorting and recycling. From this perspective, FEAD supports the idea of a reduced VAT for products with recycled content, which will allow recycled plastics to compete with virgin polymers. You may find our full press release here.