The GCC has the potential to become a global leader in recycled plastics, but only if it invests up to $25 billion in new recycling infrastructure by 2045, according to a new report.
The joint study by the King Abdullah Petroleum Studies and Research Centre (KAPSARC) and Strategy& Middle East, part of the PwC network, found that global demand for recycled plastics is projected to outstrip supply by as much as 35 million tonnes by 2030 .