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home / news releases / canada unveils ban on harmful single use plastics


LNXSY - Canada unveils ban on 'harmful' single-use plastics

Canada is moving forward with a comprehensive plan to ban "harmful" single-use plastics, in a sweeping effort to fight pollution and keep them out of the environment. Most plastic bags, disposable cutlery and plastic straws would fall under the new ban, as well as stir sticks, cups and six-pack rings that hold cans together. Few exceptions have been made for medical needs and accessibility reasons, or other recognized specific cases. Timeline: The order will phase in over the next several years, starting with a ban on the manufacture and import of single-use plastics from December 2022. Sales of the items will be prohibited the following year, while the measure will put an end to the export of Canadian plastics by the end of 2025. "Over the next 10 years, this ban will result in the estimated elimination of over 1.3 million tons of plastic waste and more than 22,000 tons

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Canada unveils ban on 'harmful' single-use plastics
Stock Information

Company Name: Lanxess AG ADR
Stock Symbol: LNXSY
Market: OTC

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