Marico Innovation Foundation’s Post

🔄 The latest data from the Circular Economy of Plastics report shows a continued decrease (-6% since 2018) in the landfilling of post-consumer plastic waste, signalling progress. However, nearly 25% of plastic waste went to landfills in 2022. Ramping investments in sorting and recycling capacities, especially in chemical recycling, is crucial to boost recycling rates. 💡 #CircularEconomy #Recycling #PlasticsTransition

♻️ This #GlobalRecyclingDay, we confront the plastic waste crisis head-on with insights from the Minderoo Foundation report titled 'Plastic Waste Makers Index 2023.' The report reveals a surge in single-use #plasticwaste and its #environmental impact despite efforts to curb it. It calls for urgent action to stop new #plastic production, promote #recycling, and transition to a #circulareconomy. Furthermore, it underscores the heavy reliance of major polymer producers on single-use plastics and calls for increased transparency and clear recycling targets from investors. 🔗 Learn more about this report here: https://lnkd.in/di8C7Dfj

According to the Organization for Economic Co-operation and Development (OECD), globally, only 9% of plastic waste is recycled while 22% is mismanaged. Much plastic waste comes from short-lived products like packaging, consumer goods, and textiles, making them harder to reuse or recycle. At PUP Industries, we're changing how the world views plastics - changing waste into wealth. #pupindustries #plasticfree #plasticwaste

On 🌍 #GlobalRecyclingDay, let's acknowledge the journey of plastics and the urgent need for a circular economy. Out of the 8.3 billion tons of plastics produced since 1950, only a fraction remains in use, with the majority ending up in landfills or incinerated. Just 100 million tons have been recycled – but change is on the horizon! 🔄 Evonik is at the forefront, transforming the plastics 'value chain' into a 'value cycle’ and our TEGO® Cycle additives are revolutionizing the mechanical recycling process, making it easier to turn plastic waste into valuable, reusable materials. 🤝 As part of the European Circular Plastics Alliance, we're committed to guiding the industry towards sustainability and our range of solutions, including TEGOMER® 6810, is enhancing the recycling process and ensuring the quality of recycled plastics. Learn more about how we're leading beyond chemistry with our innovative recycling solutions and how we can help you meet regulatory requirements while adding value to waste streams: https://lnkd.in/dWYdTxyG #RecyclingHeroes #Sustainability #additives #PerformancestartsattheInterface #Leadingbeyondchemistry #recycledplastics

Did you know that only about 9% of LDPE (Low-Density Polyethylene) plastic is recycled globally. Let's change that narrative! We're dedicated to increasing LDPE recycling rates through advanced technologies and sustainable practices. Together, let's make a significant impact on reducing plastic waste and preserving our planet for future generations. 🌍 https://hubs.la/Q02lr2Qw0 #LDPERecycling #Sustainability #CircularEconomy

Plastic waste is a growing challenge, but our circular economy can help curb the trend. Our manufacturing process is one where plastics stay in use for as long as possible. #reduce #reuse #recycle #plasticrecycling #plasticpackaging #packagingsolutions #NPC #plasticrecycling

Plastic waste is a growing challenge, but our circular economy can help curb the trend. Our manufacturing process is one where plastics stay in use for as long as possible. #reduce #reuse #recycle #plasticrecycling #plasticpackaging #packagingsolutions #NPC #plasticrecycling

Plastic waste is a growing challenge, but our circular economy can help curb the trend. Our manufacturing process is one where plastics stay in use for as long as possible. #reduce #reuse #recycle #plasticrecycling #plasticpackaging #packagingsolutions #NPC #plasticrecycling

#Recycling is important for reducing the environmental impact of plastic waste. Chemical recycling is particularly noteworthy for its ability to process a wider variety of #plastics, including heavily contaminated materials. This opens up significant opportunities for suppliers who can offer suitable recycling technologies and related equipment. What are the key drivers to advance #ChemicalRecycling? - Establishing large-scale facilities to ensure economic viability - Requiring substantial capital investment, with up to EUR 130 billion needed globally until 2050 - Establishing close industry partnerships to provide efficient technologies and secure plastic waste feedstock Explore trends, projections, and opportunities for #RecyclingIndustry: https://bit.ly/45sJcIa #RolandBerger Mario Sanchez Dr Darren Perrin Filippo Ghizzoni Dragos Fundulea Elias Al Akiki Andrei Berghianu

Plastic waste is a growing challenge, but our circular economy can help curb the trend. Our manufacturing process is one where plastics stay in use for as long as possible. #reduce #reuse #recycle #plasticrecycling #plasticpackaging #packagingsolutions #NPC #plasticrecycling