Plastics are too valuable to be thrown away.
Today’s world – and our current prosperity – would not be possible without plastics for very many reasons. These polymer materials are used in the most diverse applications: for household appliances, automotive and aircraft manufacturing, in electronics, in the medical field and the construction sector. They are nearly indispensable for packaging materials, which contribute greatly to resource efficiency by functioning as insulation or light building material and thereby reducing heating oil and fuel consumption, or by extending the shelf life of food stuffs as packaging material.
However, it is also very clear that plastic waste has become a global problem that affects us all and needs to be solved by society as a whole. In addition, there is also the problem of an ever increasing demand for resources that are already scarce: many resources are limited and as the global population continues to grow, the demand for these resources is also steadily increasing. This is why circular economy is an important topic for the plastics industry.