Turkey plans to recycle more than 25 billion beverage packages per year, adding around $600 million to its economy. Plastic, glass and aluminium packaging with Turkey plans to recycle more than 25 billion beverage packages per year, adding around $600 million to its economy. Plastic, glass and aluminium packaging with

Turkish recycling plan to generate $600m per year

2025/12/17 14:30

Turkey plans to recycle more than 25 billion beverage packages per year, adding around $600 million to its economy.

Plastic, glass and aluminium packaging with a “deposit-bearing packages” logo will be collected through the environment ministry’s deposit-return machines and recycled, state-run Anadolu news agency reported.

Pilot projects will be initiated in northwestern Turkey’s Sakarya province and the Kizilcahamam district of Ankara.

The initiative aims to increase recycling efficiency and reduce dependence on foreign sources of raw materials.

Recycling more than 25 billion beverage packages annually is expected to reduce pollution, protect natural resources and alleviate urban waste, the report said.

The Istanbul-based Zero Waste Foundation, chaired by Emine Erdoğan, Turkey’s first lady, is backing the deposit management system.

Further reading:

  • Plastic’s lifeline for oil may fray under public pressure
  • Oman set to start plastic recycling plant this year
  • EU’s $323m grant to support Turkey’s green transition

The amount of plastic produced globally every year has soared over the past half century, from 15 million tonnes in 1964 to more than 300 million tonnes, AGBI reported in August 2022.

According to the Ellen MacArthur Foundation, a charity that promotes the transition to a circular economy, packaging accounts for a quarter of the world’s plastics output, and about 40 percent is sent to landfills. 

Another 14 percent is incinerated, while 32 percent ends up in the natural environment. Less than 15 percent is collected for recycling. 
  

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.003936
$0.003936$0.003936
-3.57%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Kalshi Jumps to 62% Market Share While Polymarket Eyes $10B Valuation

Kalshi Jumps to 62% Market Share While Polymarket Eyes $10B Valuation

The post Kalshi Jumps to 62% Market Share While Polymarket Eyes $10B Valuation appeared on BitcoinEthereumNews.com. Fintech 19 September 2025 | 16:03 Event-based trading platforms are no longer niche experiments – they’re emerging as a major arena where finance, crypto, and information converge. After months of subdued activity, volumes are climbing again, and U.S.-regulated Kalshi has unexpectedly taken the lead. Betting on Everything From Rates to Sports Analysts at Bernstein describe prediction markets as a new “interface for information,” where users speculate not only on sports results but also on Federal Reserve decisions, quarterly earnings, and even crypto price moves. This year alone, more than $200 million changed hands on Polymarket contracts linked to the Fed’s recent 25 bps rate cut, while $85 million traded on Kalshi around the same decision. Mainstream brokers like Coinbase and Robinhood are watching closely, with ambitions to capture some of the momentum. With U.S. sports betting already worth tens of billions annually, the overlap is too big to ignore. Against that backdrop, Kalshi has delivered one of its strongest months since the 2024 elections. The platform reports $1.3 billion in trading volume so far in September, accounting for 62% of global prediction market activity. Just a year ago, Kalshi’s share stood at 3%. CEO Tarek Mansour called the growth “remarkable,” noting that the exchange still serves only U.S. clients. Polymarket’s Pushback Its main rival, Polymarket, has logged about $773 million in trades this month. While that trails Kalshi for now, Polymarket has unique advantages: as a crypto-native platform, it has carved out strong global demand and is working toward a formal U.S. relaunch via its acquisition of derivatives exchange QCEX. The two platforms now stand as the clear leaders of the sector, though they embody different philosophies — one regulated from the ground up, the other built around decentralization. Investors Take Notice The boom hasn’t escaped venture capital. Reports suggest…
Share
BitcoinEthereumNews2025/09/19 21:34
Visa Expands USDC Stablecoin Settlement For US Banks

Visa Expands USDC Stablecoin Settlement For US Banks

The post Visa Expands USDC Stablecoin Settlement For US Banks appeared on BitcoinEthereumNews.com. Visa Expands USDC Stablecoin Settlement For US Banks
Share
BitcoinEthereumNews2025/12/17 15:23
Bitcoin Lightning Network Capacity Surges to Historic Peak as Exchange Adoption Accelerates

Bitcoin Lightning Network Capacity Surges to Historic Peak as Exchange Adoption Accelerates

The Bitcoin Lightning Network has reached an all-time high in total network capacity, marking a significant milestone for the layer-2 scaling solution designed to enable fast and inexpensive Bitcoin transactions. The surge comes as major cryptocurrency exchanges increasingly integrate Lightning functionality, bringing the technology to millions of users who previously relied solely on slower, more expensive on-chain transactions. This capacity expansion reflects growing confidence in Lightning's reliability and utility after years of development and real-world testing. What began as an experimental protocol discussed primarily among technical enthusiasts has matured into infrastructure that some of the industry's largest platforms now consider essential to their operations.
Share
MEXC NEWS2025/12/17 17:14