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Billions of reasons for phasing out toxic chemicals from products and material flows

The phase-out of substances of concern from new materials would entail billions of Euros in business opportunities. We need to recycle more, but have to consider chemical safety alongside increased recycling rates. And the presence of hazardous chemicals in recycled materials prevents the upscaling of circular economy.

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PRESS RELEASE: Huge market potential in removing substances of concern from circular economy

“Our analysis shows that if problematic chemicals were more efficiently addressed, the market for recycled materials would increase. Even a small increase of 10% in the recycling of plastic packaging would correspond to an annual increase in EU market value of €2.6 billion”, says Anne-Sofie Bäckar, Executive Director at ChemSec.