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    Home > Chemicals Industry > Rubber Plastic News > What is the EU's "plastic tax"?

    What is the EU's "plastic tax"?

    • Last Update: 2022-08-24
    • Source: Internet
    • Author: User
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    Recently, many media reported that the European Union plans to charge 80 cents per kilogram of plastic packaging waste that cannot be recycled starting from 2021, which has aroused widespread concern in the society


    .


    What is the "plastic tax"?

    What is the "plastic tax"?

    The full name of the EU's "plastic tax" is "EU Own Resource on unrecycled plastics packaging waste".
    It is neither a tax on virgin plastic nor a tax on the packaging industry.
    It refers to EU member states' tax on unrecycled plastic packaging.
    A fee paid for garbage


    .


    The goal of this regulation is to urge EU member states to invest in plastic recycling infrastructure, otherwise the relevant costs will be calculated based on the calculated weight of unrecycled packaging, and the corresponding member states will pay the EU at a price of 800 euros / ton


    .


    Will EU countries impose this fee on the packaging supply chain?

    Will EU countries impose this fee on the packaging supply chain?

    Many believe that EU countries will impose related costs on the packaging supply chain through a series of operations, but the situation is not very clear


    .


    How much impact do these regulations have on flexible packaging?

    How much impact do these regulations have on flexible packaging?

    For flexible packaging, whether it is industrial packaging or food packaging, it will fall within the scope of the "plastic tax" after it becomes waste


    .


    What impact will the "plastic tax" have on the recycling industry?

    What impact will the "plastic tax" have on the recycling industry?

    Since the plastic tax is on unrecycled plastic packaging, it will prompt EU countries to set up more plastic recycling facilities, thereby reducing the associated fees paid to the EU


    .


    What is the sharing of the "plastic tax" among countries?

    What is the sharing of the "plastic tax" among countries?

    At present, France, Germany and Italy will be the largest "plastic tax" payers, and they need to pay about 50% of the total


    .


    Where will the "plastic tax" be used?

    Where will the "plastic tax" be used?

    According to EU regulations, all new revenue generated after 2021 will be incorporated into the EU's 750 billion euro recovery plan


    .


    Will there be variables in the collection of the "plastic tax"?

    Will there be variables in the collection of the "plastic tax"?

    According to the relevant process, the European Parliament will formally vote on September 24, 2020 to approve the levy of the "plastic tax", which also requires the consent of various EU countries
    .
    There may be some changes to the final levy of the "plastic tax", but it is unlikely to be removed as it is the only new source of revenue that EU leaders have all agreed to

    .

    Another possibility is that the EU may consider including all packaging materials in the collection scope to expand the tax source by adding the recycling rate of plastic packaging in the future
    .



    The author of this article: Li Bin, Dow Company

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