Plastics Companies Voice Opposition to Plastic Tax Under Consideration in Congress

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The Plastics Industry Association (PLASTICS) is the only organization that supports the entire plastics supply chain, representing nearly one million workers in the $395 billion U.S. industry. Since 1937, PLASTICS has been working to make its members and the industry more globally competitive while advancing recycling and sustainability. To learn more about PLASTICS’ education initiatives, industry-leading insights and events, networking opportunities and policy advocacy and the largest plastics trade show in the Americas, NPE.

On behalf of 67 companies from throughout the plastics industry value chain, the Plastics Industry Association (PLASTICS) delivered a letter to leaders in the U.S. House of Representatives and U.S. Senate expressing concerns about the proposed inclusion of a 20 cent per pound tax on virgin plastic resin in the budget reconciliation package.

Specifically, the letter raises concerns about increased costs to the entire plastics industry value chain and reduced U.S. manufacturing competitiveness. Additionally, there has been a lack of expert analysis, public debate, and other considerations associated with the regular legislative process, but not included in the “fast track” reconciliation process.

This latest correspondence follows a similar letter sent to Congress last week from a coalition of 23 trade associations.

For more details: www.plasticsindustry.org