plastic recyclingenvironmental goalstechnology underperformance

A reported breakthrough in plastic recycling technology by companies like Procter & Gamble and Nestlé is underperforming, failing to meet environmental goals despite substantial investments.

Despite significant advancements and investments in advanced recycling plants, which promise to recycle more products through breaking down plastics to their molecular components, the technology has not been able to fulfill its promises. Companies like PureCycle Technologies are at the forefront of this initiative, with their high-cost facilities struggling to process materials like polypropylene effectively.