August 26th, 2025 - 08:31 GMT
A new report from KAPSARC and Strategy& Middle East, part of the PwC network, finds that the Gulf Cooperation Council (GCC) could play a critical role in closing the global gap in recycled plastics—with demand projected to outstrip supply by up to 35 million tons by 2030. To seize this opportunity and position itself as a circular plastics hub, the GCC will need to invest an estimated $12 billion to $25 billion in recycling infrastructure by 2045, according to industry assessments. Although demand for recycled plastics is rising by 8% ...