Plain-language definitions of 133 terms used in raw material trade: Incoterms, payment, shipping, customs, quality documents, plastics, metals, chemicals, agriculture and energy.
PCR (post-consumer recycled) material comes from packaging and products that have reached consumers and become waste; PIR (post-industrial recycled) comes from production scrap and trimmings. Rules such as the EU Packaging and Packaging Waste Regulation (PPWR) and brand pledges are setting minimum PCR shares in packaging. Recycled-content claims should be verified with certification such as GRS, RecyClass, EuCertPlast or ISCC PLUS (mass balance); food-contact rPET additionally needs an approved super-clean process.
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