Plastic recycling “kind of” relies on regulation because the new EU packaging directive discusses both reusable recyclable packaging and the phasing out of plastic packaging by around 2030, with certain exceptions.
In practice, painting with a broad brush, this means that plastic packaging that can be reused and recycled remains, I believe, “accepted,” while the goal is to get rid of other types of plastic packaging. Plastic is a good material for certain things that cannot be replaced by fiber-based materials. For this reason as well, oil companies have a clear interest in the implementation of plastic recycling.
Regarding Lamor, I will not comment other than as a former owner who watched the core business disappear into the horizon and the expansion of operations drift toward a storm. I hope that the new personnel changes prove my future outlook for the company to be wrong.