Solving the Plastic Packaging Problem
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The packaging industry faces mounting shareholder and public pressure to reduce the environmental impact of plastic. The recycled plastics market in the United States is positioned for growth, but developing a reliable supply of post-consumer plastics will be costly. Reliance on export markets has limited investment in domestic recycling capacity, local collection programs vary considerably, and many consumers are ignorant about what can and cannot be recycled. The low cost of manufacturing virgin plastics compounds these challenges.