Upcycled Ocean Plastic Initiatives

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Samsung Has Developed a Usable Material Out of Old Fishing Nets

Samsung Electronics has announced that it has developed usable technology components out of upcycled fishing nets. Through the collection of old plastics in the ocean, Samsung has found a way to both clean up the environment and alleviate some supply chain strain on its devices. According to Samsung, there are 640 thousand tons of fishing nets discarded each year that threaten the environment.

These plastics will be upcycled by the company and incorporated into the brand's products going forward. Most notably, the first line of products that will incorporate these upcycled ocean plastics is the company's flagship 'Galaxy' phones. This initiative is a large part of Samsung's mission to address the climate crisis. Samsung is committed to eliminating single-use plastics and is urging other tech companies to do the same.
Trend Themes
1. Upcycling Ocean Plastic - Companies can explore ways to use upcycled ocean plastic in their products, reducing environmental impact and fostering sustainability.
2. Sustainable Supply Chain - Companies can consider incorporating environmentally friendly materials into their supply chains, reducing dependence on traditional sources and promoting sustainability.
3. Elimination of Single-use Plastics - Companies can follow Samsung's lead and aim to eliminate single-use plastics in their operations, helping to reduce waste and environmental pollution.
Industry Implications
1. Electronics - Electronics companies can explore using upcycled ocean plastics in their products, promoting sustainability and reducing environmental impact.
2. Fashion - Fashion companies can incorporate upcycled ocean plastics in their products, promoting sustainability and reducing the use of traditional materials.
3. Manufacturing - Manufacturing companies can explore using upcycled ocean plastics in their supply chains, reducing dependence on traditional sources and promoting sustainability.

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