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Italy delays plastic tax, some people are happy and some are worried

 Last Update: 2022-08-23
 Source: Internet
 Author: User

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Italy's plan to levy a 450-euro ($483)-a-ton tax on virgin plastic material is on hold until next year as it tries to protect its economy amid the coronavirus outbreak

Originally scheduled to apply to all untreated plastics (excluding recycled plastics and compostable bioplastics) from July 1, the tax has now been postponed until 2021

Sources from various industries including polyethylene (PE), polypropylene (PP) and polyethylene terephthalate (PET) believe that the postponement of the plastic tax is a positive or negative measure, according to an analysis by ICIS consultancy.
, depending on the position of the polymer in the industrial chain

Support for deferral of plastic tax helps plastics industry

"Abolishing the plastic tax will help the industry," said a polypropylene and polyethylene distributor

"If a plastic tax is levied, it will increase the cost of producing polymers, and it will be a disaster for the entire industry.
.
.
At this time, the government should not impose a tax and should distribute the money

Postponing plastic tax is thought to be bad for recycling industry

There are, however, some less positive views

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