Some 65 percent of all packaging for food, pet food, and beverages is made from plastic. But currently only about 39 percent of packaging in Europe is recycled, with an additional 40 percent used to generate energy. In response, the EU and national governments have set ambitious targets for the volumes and percentages of packaging material that should go into a closed-loop system in the packaging industry. The targets demand a volume of 10 million tons of recycled plastic in new packaging by 2025.