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Four Key Groups to Lead Circular Plastics Transition
03 August 2021
The world will continue to accumulate more and more
plastic.
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