Hong Yuan Holding Group (HGYN)

[Ricky J]

I did not even know this was going on. Damn slipped right under my radar. All in all the ban has been in effect for quite some time i see.

Italy consumed one quarter of all Europe’s single-use plastic shopping bags before the 2011 ban, but has made the switch smoothly. “There is 8,000 km of coastline in Italy and there were plastic bags on every beach – Italians were fed up,” said Marco Versari, the president of the Italian Bioplastics Association.

So this entire thing with Italy is to give fines out. Most Stores other than the small shops are already using biodegradable bags as the article states. The EU is blocking the fining violators which there are none because a law was never passed.

Also loved the part in the article where it says Italy uses more bags because they cook at home. I would too if I lived there. :P