5 Oct 2018 Plastic production expansion is keeping the prices of new plastics comparatively low. These factors work against the premise that plastic scrap  22 Jul 2018 However, plastic production is growing at an alarming rate, and so has the generation of plastic waste. Unsound waste management results in  18 Oct 2018 Half a million tonnes of plastic waste from the Philippines ends up in oceans every year. The culprits? Corruption, lack of political will – and an  9 billion tons of plastic have been made since the 1950s. Researchers say it is the first attempt to measure all plastic ever mass produced. Only 9 percent of plastic waste produced ended up recycled. While overall the amount of recycled plastics is relatively small—3.0 million tons for a 8.4 percent recycling rate in 2017—the recycling of some specific types of plastic containers is more significant. The recycling rate of PET bottles and jars was 29.1 percent in 2017, and the rate for HDPE natural bottles was 31.2 percent in 2017. How much plastic is produced each year worldwide? This statistic depicts the global plastic production from 1950 to 2018. In 2018, global plastic production was around 360 million metric tons.

The environmental cost to replacing plastic with alternatives materials would be to last for more than 100 years and also reduces the overall failure rate [3]. It saves water – The production of a plastic bags consumes less than 4% of the water 

5 Oct 2018 Plastic production expansion is keeping the prices of new plastics comparatively low. 28 May 2019 As a result, the GST Council drastically reduced the rate from 18% to 5% on plastic and other waste in October 2017. Taxing plastic production. 26 Dec 2017 Plastic Production Is Set to Increase by 40% Over the Next Decade, Experts Say. Currently only 9% of plastic waste is recycled. Share Share  global plastic packaging production and after-use value chain, as well 2 Current situation based on 14% recycling rate, 72% volume yield and 50% price yield.

On an annual basis this can be complicated by the fact that longer duration plastic materials (for example, plastic items in construction, furniture, transport etc. used over several years) can enter the waste stream. For example, in 2010, primary plastic production was 270 million tonnes,

2 Jan 2020 Plastic production is expected to grow to 20% by 2050 by which time the industry's climate emissions could rise to 2.75bn tonnes a year and  2 Apr 2019 Between 2010 and 2015, the plastics processing industry grew at a compound annual growth rate of 10 percent in volume--from 8.3 million metric  22 Apr 2019 In 2015 alone, production came to roughly 448 million tons. In an effort to curb plastic use, some states are tackling the issue by banning or  18 Feb 2019 At Budget 2018, government announced that from April 2022 it would introduce a world-leading new tax on the production and import of plastic  12 Mar 2019 Plastic production is expected to double in the next 20 years, according to a report issued by the World Economic Forum. Plastic recycling rates 

18 Oct 2018 Half a million tonnes of plastic waste from the Philippines ends up in oceans every year. The culprits? Corruption, lack of political will – and an 

2 Apr 2019 Between 2010 and 2015, the plastics processing industry grew at a compound annual growth rate of 10 percent in volume--from 8.3 million metric  22 Apr 2019 In 2015 alone, production came to roughly 448 million tons. In an effort to curb plastic use, some states are tackling the issue by banning or  18 Feb 2019 At Budget 2018, government announced that from April 2022 it would introduce a world-leading new tax on the production and import of plastic 

14 Oct 2019 It provides the latest business information on production and demand, trade, Plastic post-consumer waste rates of recycling, energy recovery.

12 Mar 2019 Plastic production is expected to double in the next 20 years, according to a report issued by the World Economic Forum. Plastic recycling rates 

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