The European plastics recycling sector is facing its most significant downturn in over a decade, with 2024 marking the “sharpest decline” on record. This crisis, detailed by Plastics Recyclers Europe (PRE), has seen extensive facility closures and a substantial loss of recycling capacity. For commercial property owners, asset managers, and ESG leads, this isn't just an environmental...

The European plastics recycling sector is facing its most severe downturn in decades, with facility closures and plummeting capacity threatening environmental targets and commercial waste strategies. According to Plastics Recyclers Europe (PRE), 2024 saw the sharpest decline on record, with 300 kilotonnes of recycling capacity lost, a trend accelerating into 2025. For facility managers and...

Imagine managing a portfolio of commercial buildings across Europe, only to find that the very systems meant to handle waste are crumbling. The European plastics recycling sector has hit a wall, with the sharpest decline on record in 2024. According to Plastics Recyclers Europe (PRE), facilities capable of processing 300 kilotonnes of plastic annually shut their doors last year alone. This is...

European plastics recycling has reached a critical juncture. Plastics Recyclers Europe (PRE) reports the sharpest decline on record for 2024, with hundreds of kilotonnes of capacity closed and warnings of an imminent collapse. Early indications for 2025 point to a deeper crisis, with closures up by around 50% and nearly one million tonnes of recycling capacity lost in three years. For...