INEOS Olefins & Polymers Europe has launched its Recycl-IN range of polymers that are ready to meet the needs of the upcoming UK plastics packaging tax.
The new flexible packaging solution for pallet stretch-hood contains a minimum of 30% recycled content.
It has been developed along with the technical team at COVERIS in Cheshire and has been tested at INEOS’ manufacturing facility at Grangemouth in Scotland.
From 1 April 2022, companies that manufacture or import plastic packaging will need to pay a tax on any plastic packaging that has less than 30% recycled content.
INEOS polymer business manager Graham MacLennan said: “This is a significant breakthrough. Palletised distribution of goods is increasing and a stretch-hood covering helps prevent waste, damage and loss to products transported in this way.
“By substituting virgin polymer content with recycled polymers, we are actively working towards our targets to adopt a more circular approach, signalling our clear commitment to using more recycled plastic as a raw material.”