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$180bn investment in plastic factories feeds global packaging binge

By Matthew Taylor at the Guardian

The global plastic binge which is already causing widespread damage to oceans, habitats and food chains, is set to increase dramatically over the next 10 years after multibillion dollar investments in a new generation of plastics plants in the US.

Fossil fuel companies are among those who have ploughed more than $180bn since 2010 into new “cracking” facilities that will produce the raw material for everyday plastics from packaging to bottles, trays and cartons. Continue reading

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