Four Key Groups to Lead Circular Plastics Transition
The world will continue to accumulate more and more
As standards of living rise and plastics demand grows, plastic-waste generation is on track to outpace population growth and will ultimately pose disruptions to all businesses involved in the direct and extended plastics value chain.
The industry must prioritize the development of solutions that expedite the transition from a linear to a circular model.
It's time for the plastics value chain to be reinvented, four key groups must lead the transition.
IHS Markit Circular Plastics Service provides a comprehensive, scenario-based evaluation of how the plastics value chain is expected to transition from a linear to a circular economy.
The plastics waste dilemma isn't going away, affecting the industry and your business directly. With IHS Markit Circular Plastics Service, understand government regulations and polices, prepare a plan to mitigate risk, determine which part of your company is most vulnerable, and assess opportunities for investment.
Circular Plastics Service enables you to:
- Track government regulations, policies and targets established by brand owners, industry alliances, NGOs and ESG investors and understand what this means for your business in the countries and regions where you have operations
- Prepare a plan to mitigate against major sustainability-driven shifts in downstream plastics consumption
- Determine which parts of the company's product offerings are most vulnerable to reductions in demand for virgin (non-recycled) plastic.
- Assess opportunities for investment collaboration in circularity
- Assess the relative value propositions of competing recycle technologies and anticipate where investments will be directed to scale infrastructure.
- Anticipate the timing and magnitude of the impact to feedstocks that will develop during the plastics transition to circularity
- Waste Plastic Chemical Recycling via Pyrolysis - Small-Scale vs Large-Scale
- Specialty Chemicals forecast to grow 5% in 2021, 3.5% CAGR to 2026, after a 2.5% COVID-19 induced decline in 2020
- Nylon – Moving into a brave new world
- Podcast: Petrochemicals and Refining Integration
- 1,4-Butanediol capacity expands once again– Oh no, more BDO! (But at least this new stuff will be green.)
- The Plastics Dilemma
- Enterprise Ethylene Futures Contract Opens on CME; Hub Links to Global Market
- Circular Plastics - Anticipating Disruptions
Join expert Kathy Hall as she lays out the scorecards for 2020 and 2021 in the Markets Retrospective of the Plastic… https://t.co/uhzqrG0IHj