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Packaging for Taiwanese bottled water brand pH Balancer bears the plastic resin identification code for PET. Though the circular recycling symbol implies recyclability, it actually refers to the type of plastic used. Only 81 per cent of PET is recycled globally.
Using misleading recycling symbols, the plastics industry has duped regulators and consumers into believing in the circularity of plastic, a study by Planet Tracker finds. The non-profit warns investors of plastic liability risks.

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