Only 1.2 % of all the plastic ever produced has been recycled and is still in use. Most of the recycled plastic bottles are turned into clothing, and are recycled only once before they end up in a landfil.
95% of the value of plastic packaging material, worth USD 80-120 billion annually, is forever lost to the economy, while adding to global greenhouse gas emissions.
Mixed plastic is our biggest challenge. Such plastic is deemed unrecyclable, due to complex issues of materials separation, and the inferior purity and grade quality of the recyclate.