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Plastics pile up as coronavirus hits Asia recyclers

COVID-19 pandemic starting to threaten entire Asian recycling sector

TOKYO -- When Circulate Capital announced the first close of its Ocean Fund in December 2019, plastic pollution seemed to have become an urgent global crisis.

With 8 million tons of waste entering the oceans each year -- 60% of which comes from Asia -- social pressure reached a tipping point, forcing consumer goods companies to react.

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