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Plastic is a versatile material used in multiple applications
but needs to manage negative aspects. Sustainability initiatives in
chemicals extends from the need to address end of life management
of plastics to multiple examples of the benefits of chemicals,
including food usage, clean water, and clean energy.
The global plastics market continues to grow, increasing risk for
environmental impact. Stakeholders want to transform plastic
economy from linear to circular but lack of scaled technology and
inadequate infrastructure impedes progress.
IHS Markit "Changing
Course: Plastics, Carbon and the Transition to Circularity" is
a comprehensive review of how the plastics value chain is expected
to transition from a linear to a circular economy, accounting for
changing policy and regulations, greenhouse gas (GHG) pathway and
the impact on future capital investments.
How will this transition evolve and what is the impact on your
business?
Reconfigure your strategy around the risk and
opportunities.
Posted 24 July 2020 by Robin Waters, Director, Plastics Planning and Analysis