Capturing the potential of the circular economy transition in the the EU plastics industry

Climate Change Mitigation: Circular Economy strategies in the plastics sector can annually save 75-84 Mt CO₂-eq. emissions by 2050, compared to relying solely on decarbonisation strategies - Reduced Resource Dependency: The EU's fossil resource use is reduced by 3.3%, equivalent to 930 PJ or 23 Mt oil-eq. - Lower Energy Demand: Alongside the use of fossil energy carriers, the electricity demand in the EU plastics industry decreases by 34% - Higher Economic Security: The EU's trade balance can be boosted by EUR 18 billion due to a decrease in imports.