The demand for recycled plastics has not been negatively affected due to low oil prices. Some media claim that the plastics recycling market is affected by a decrease in the oil price. However, this situation does not reflect the general situation of European plastics recyclers, only certain companies who are exposed to exports of plastics.
Organisers of the Plastics Recycling Show Europe exhibition and conference, which had to be postponed in November due to the security alert in Brussels, have announced that the event has been rescheduled to take place on Tuesday 22 and Wednesday 23 March 2016 at the new venue of Brussels Expo.
The revised Circular Economy Package will be released by the end of this year. Karmenu Vella Commissioner for Environment & Maritime Affairs, confirmed during the Plastics Recyclers Europe’s Annual Meeting which took place on 18th & 19th June in Brussels, that the Commission will mainly focus in the new proposal on waste management, higher recycling targets, product design and innovation & research which would stay in line with the goals of the circular economy.