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Who Are the Customers of the Recycled Plastics？

• Major brands have all committed to used minimum 25% PCR in their packaging by 2025

• EU, Australia and several US states have set the mandatory PCR rate

• The major PCR suppliers are in EU and NA

However

• There is a huge gap between the plastics recycling infrastructures in Asia and those in the EU and NA, causing a low acceptance of PCR sourced from Asia

• There is no plastics industry organization in APAC to unite the strategies and measures to promote the circular economy along the plastics value chain, which include

• Recyclability design guide for plastic packaging/products

• Formal infrastructure construction to collect and sort post- consumer plastics at scale • PCR certification which meets the global standards

• Alignment with global associations on plastics recycling

• The local plastics industry has very limited influence on the government policies for the plastics sustainability

Manifesto of ASPA:

To unite the plastics industry in Asia-Pacific region to

1. Identify and implement business solutions to curb the plastics pollution

2. Share the best practice and marketing guidance to promote the plastics circular economy

3. Foster a global collaboration and alignment with the counterparts in other regions

4. Encourage the practical innovations on sustainable plastics, including the mechanical/chemical recycling of plastics, readily degradable plastics, low-carbon footprint technologies for plastics alternatives, etc.

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Who Are the Customers of the Recycled Plastics？

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Who Are the Customers of the Recycled Plastics？

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