As of June 2021, 195 countries have signed the Paris Agreement to limit their carbon emissions. However, the Agreement allows countries to set their own goals within certain parameters. Some jurisdictions or regions have pledged to reduce their emissions more quickly than others. For example, the European Union has committed to reducing emissions by 55 percent by 2030, compared to 1990 levels.
The European Union has committed to the Green Deal as part of a comprehensive package of tax and non-tax measures.
The EU’s plastics tax is just one of the many tax reforms proposed as part of the Green Deal – an initiative that aims to reduce consumption of raw materials and waste, while promoting the move towards a circular economy.
European plastic contribution
The “plastic tax” introduced by the European Union is not really a tax, but a contribution from member states to the EU budget. This contribution is based on the amount of non-recycled plastic packaging waste produced by each member state.
All member states have agreed to this contribution, which is closely linked to EU policy priorities. The plastic tax is one of the own resources to the 2021-2027 EU budget, and will help fund the EU recovery package necessitated by Covid 19 (NextGeneration EU).
What does it mean for Industrial Bulk Bag Manufacturers?
As plastic becomes more and more of a concern for people at a European and national level, taxes on plastic are being introduced quickly. It’s important for Industrial Bulk Bag Suppliers & Manufacturers to stay up-to-date on these developments, as well as the developments in the countries where they have manufacturing facilities. This is because if plastic taxes are implemented, companies could face significant additional cost pass through. Industrial Packaging Suppliers need to be compliant and in control with regard to new global plastic regulations.
What FPS does as Industrial Bag Manufacturers?
FPS has an End-to-End approach that has positive impact on carbon footprint in industrial bulk bags manufacturing process.
1. Product Optimization – Innovative and new product design features utilizing minimal raw material content in the industrial bulk bags.
2. As Industrial Bulk Bag Suppliers & Manufacturer , we focus on process excellence – Consuming less energy, less water and using renewable energy sources.
3. Internal plant waste – Re-process and Re-use streams: waste diversion rate over 95% to zero waste.
4. Transport & Distribution – Optimized loading FIBC’s / pallet and full truck / container direct deliveries to minimize emissions.
REBU is dedicated to providing the best possible experience to our customers by reconditioning high end industrial bags. As a market leader and premier industrial packaging suppliers, we offer a comprehensive service that focuses on safety, sustainable packaging, and circularity.
The existence of a plastic tax can have significant implications for an industrial packaging suppliers & manufacturer’s internal processes and procedures. The manufacturer needs to become familiar with the types of plastic tax levied in each country in which it operates and identify which of its local entities is liable to pay the tax.