More manufacturers, retailers, and brands are embracing closed-loop recycling practices as concerns about climate change intensify. As the name suggests, closed-loop recycling sees the collection and recycling of post-consumer plastic waste and its repurposing for other products. However, such a process suggests the complete collaboration between consumers, retailers, and manufacturers, entailing a total transformation of the value chain.
At the World Economic Forum in Davos, Switzerland—where the 2020 theme was 'Stakeholders for a Cohesive and Sustainable World'—SABIC announced its intention for its TRUCIRCLE™ initiative. The solution "encompasses the company’s circular materials and technologies including certified circular polymers from the chemical recycling of mixed plastic waste; certified bio-based renewable polymers; new polycarbonate (PC) based on certified renewable feedstock; and mechanical recycled polymers."
SABIC is working globally to make a difference with its closed-loop recycling chain. While it is planning a semi-commercial facility in The Netherlands that can increase the production of pyrolysis oil, it is also assisting Saudi Arabia to fulfill the waste management objectives of its Saudi 2030 Vision.
Image Credit: SABIC