CRU: New EU Waste Packaging Legislation to Strengthen Case for Aluminium

Incorporating waste package legislation agreed to between EU ambassadors and the European Parliament in December 2017, the EU's new Circular Economy Package aims to encourage the creation of a circular economy whereby resources remain in use for as long as possible through closed recycling loops.

In doing so, the new legislation requires that all member states adopt legally binding targets for waste recycling and the reduction of landfilling. The municipal waste recycling target is set to 55% by 2025, 60% by 2030, and 65% by 2035. Simultaneously, the EU Package aims to reduce the amount of municipal waste landfilling in Members States to no more than 10% by 2035. The Circular Economy Package subsequently encourages a 30% reduction in food waste by 2025, and a 50% reduction by 2030.

Consistent with the concept of a circular economy, the new legislation establishes minimum requirements for extended producer responsibility (EPR) schemes. Under these schemes, a producer's responsibility for a product is extended through to the waste stage of a product's life cycle in order to minimise waste disposal.

Read the full story: https://www.crugroup.com/knowledge-and-insights/insights/2018/new-eu-waste-packaging-legislation-to-strengthen-case-for-aluminium/

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About CRU

CRU offers unrivalled business intelligence on the global metals, mining and fertilizer industries through market analysis, price assessments, consultancy and events.

Since our foundation by Robert Perlman in 1969, we have consistently invested in primary research and robust methodologies, and developed expert teams in key locations worldwide, including in hard-to-reach markets such as China.

CRU employs over 260 experts and has more than 10 offices around the world, in Europe, the Americas, China, Asia and Australia – our office in Beijing opened in 2004.

When facing critical business decisions, you can rely on our first-hand knowledge to give you a complete view of a commodity market. And you can engage with our experts directly, for the full picture and a personalised response.

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SOURCE CRU