Not a week passes without a chemical company announcing that it will be investing in a new recycling facility. Four major reasons explain the increasing interest in this field: pressure from citizens, stricter legal requirements, new and better technologies, and improved business cases. Rightfully, the public is dissatisfied with recycling rates, notably below 9 percent in the United States. This makes governments respond by enforcing a minimum recycled plastic content, such as the 30 percent target in the European Union. Therefore, a plastics circular economy, in which new, high-quality plastics can be remanufactured from plastic waste, is becoming increasingly popular. Plastics should no longer be considered waste but rather valuable resources.

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