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Flexible Plastic Fund launches FlexCircular to test UK recycling investment case
a day ago
Packaging firm Pact Group has invested in Plan B Circular, the UK textile-to-textile polyester recycler behind Project Re:claim, its joint venture with the Salvation Army Trading Company (SATCoL). The deal aims to scale polyester recycling ahead of EU legislation expected in 2028.
Sixteen international partners led by Danish Technological Institute have launched InFACT, a project to turn household flexible plastic waste such as crisp packets, coffee bags and meat films into new packaging, including food packaging. Less than 15 per cent of this material is currently recycled.