Founded by Dell, NextWave Plastics is a coalition of companies hoping to keep "plastics in the economy and out of the ocean." With members like HP and IKEA, this coalition stands to make significant strides in plastic recycling and ensuring these materials do not end up in delicate ecosystems. Other members of Nextwave Plastics include bureo, General Motors, Herman Miller, Human Scale, Interface and Trek.
HP and IKEA are the newest members of the coalition and have already launched their own initiatives to fit into NextWave Plastic's goal. HP is currently developing a way to work with ocean plastics in its supply chain, while IKEA is exploring how it may use ocean plastics in its furniture development. Other companies in the coalition have used reclaimed plastic to create products ranging from skateboards to carpet tiles and even an office chair.
Ocean Plastic Coalitions
NextWave Plastics Features Companies with Major Global Presence
Trend Themes
1. Ocean Plastic Recycling - NextWave Plastics aims to reduce ocean waste and create new products with reclaimed ocean plastics.
2. Corporate Social Responsibility - Companies are joining coalitions like NextWave Plastics to show their commitment to sustainable practices and protecting the environment.
3. Circular Economy - NextWave Plastics is leading the way in creating a closed-loop system for plastic products where waste is reused and recycled.
Industry Implications
1. Consumer Electronics - Companies like Dell and HP are developing ways to incorporate reclaimed ocean plastics into their supply chains and products.
2. Furniture - IKEA and other companies in NextWave Plastics are exploring ways to use reclaimed ocean plastics in furniture development.
3. Automotive - General Motors is a member of NextWave Plastics, showcasing the potential for using reclaimed ocean plastics in car manufacturing and reducing waste.