Major increases in energy prices are consuming the profits of European recyclers, and “many companies will close” without intervention by the European Commission and EU member state governments, warned industry association Plastics Recyclers Europe. The group said in normal times when plastics recycling facilities run 24 hours a day for 7 days a week, energy bills are one of the three leading outlays and roughly 15-20% of operational costs. “However, given the 400% increase in its prices, energy costs... (23.09.2022)