I mean recyclable in a conventional sense the way most people understand it.
Energy cost is probably the single biggest obstacle for the technology I mentioned above. Renewable energy is changing this.
Most plastics will soon be a part of an efficient closed loop system. Regulations are driving some of this. However, the real driver is that these systems are incredibly profitable, and serve risk and resource management priorities as well.
I wouldn't be surprised if Amazon and others started accepting plastics and paper returns. Their consumption is massive and they already have a logistics closed loop in place.
Plastics are an incredible innovation and a valuable resource. Misinformation about their recyclability is a threat to their stewardship.
The technology may exist to recycle plastics, but at least where I live, there is No infrastructure for it to happen. So no, it isn’t recyclable in reality.
Can you point me to something that describes these closed loop systems? What you are saying sounds like a paid advertisement.