Ending Plastic Waste

Plastics help enable sustainability and will continue to play a key role in our society. The mismanagement of plastic waste, however has reached a tipping point. Society, governments and industry are seeking solutions to close the loop on plastic leakage to the environment, keeping plastics circulating in the economy. To address the challenge of plastic waste, we are taking a collaborative approach to help deliver meaningful progress, ensure maximum impact and advance an economy that enables plastic waste to be transformed into more sustainable solutions for our customers.

   

 

How We'll Do It

  • Develop innovative, sustainable solutions by leveraging our expertise and research and development capabilities

  • Grow our mechanical and advanced recycling solutions under the Circulen brand to meet customers’ and brand owners’ circularity goals

  • Help end plastic waste in the environment through impactful collaboration across the value chain

  • Catalyze investments from venture funds’ partners to increase the recovery and recycling of plastic and accelerate technology and other solutions to end plastic waste

  • Support effective policies and infrastructure development that improve plastic waste management and recycling through engagement with governments and industry peers

 

Goals

  • Produce and market two million metric tons of recycled and renewable based polymers annually by 2030
  • For every dollar we invest in venture funds that address the plastic waste challenge, we help catalyze another 5 dollars from co-investors
  • Zero loss of plastic pellets to the environment from our operations

 

Read more in our 2021 Sustainability Report

 

 

 

We are helping to advance circularity and sustainability of plastics through three complementary pathways; mechanical recyclingadvanced recycling, and use of renewable-based feedstocks. These routes provide different value propositions to our customers by reusing and recycling plastic waste and lowering GHG emissions. Polymers made using these technologies are marketed under the Circulen brand.

Learn About Advanced Recycling

Our proprietary MoReTec technology aims to return plastic waste to its molecular form for use as feedstock for new plastic materials. The products produced can be used in a wide range of applications including food packaging and medical supplies, which are subjected to more stringent regulatory standards.

 

Learn About Mechanical Recycling

Our joint venture, Quality Circular Polymers (QCP), is a premium plastics recycling company. QCP uses a mechanical recycling process to produce premium plastic pellets from plastic waste for use in a range of applications including electrical appliances, washing detergent bottles and suitcases. 

 

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