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Plastic converters' demand dropped for the first time in 34 years

Plastic converters demand fell for the first time in 34 years in 2008.Global production of plastic packaging dropped back from 260 million tonnes in 2007 to 245 million tonnes in 2008 a six per cent reduction. Plastics demand by converters in Europe fell 7.5 per cent to 48.5 million tonnes in 2008, reflecting the economic crisis.Despite this, UK plastics packaging recycling rose two per cent in 2008, going from 24 per cent to 26 per cent, ensuring ...