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French aid for chemical recycling of plastic waste gets EU approval

( February 3, 2025, 10:45 GMT | Official Statement) -- MLex Summary: Companies in France will be eligible for direct grants to support the chemical recycling of plastic waste under a plan worth 500 million euros (around $520 million), which has been cleared under EU state aid rules. The European Commission said that the program will support investments to recycle plastic waste such as trays, films and non-beverage bottles, and thus contribute to the bloc's goal of circular production and consumption processes.Statement follows. ...

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