Fighting Plastic: Environmentalists vs Industry

 Is it possible to reconcile industrial innovation, business and greenpeace activists?What do environmentalists think about innovation?What advanced technologies will help us cope with the threat of total pollution from plastic waste?


For many years I have been developing my Plastic Adios project to introduce new technologies and equipment for the chemical processing of mixed plastic waste. And I often see a shortage of quality articles on recycling plastic waste. Foreign media regularly publish materials that tell the details and features of the processing industry, problems, conflicts and features hidden for the layman.


I decided to translate one review, informative article from the Chemical and engineering news publication (link to the original article), which describes in detail the development of the chemical plastic recycling, which is in great demand in the waste recycling industry. The article is long, but if you are sincerely interested in learning a little more than emasculated articles in the Russian media about waste and recycling, then I invite you to familiarize yourself with the new material:


Companies are betting on the recycling of plastic waste. What are they counting on?


Chemical companies and major consumer brands are betting on chemical recycling (pyrolysis and depolymerization technologies) to help them achieve their plastic waste recycling goals. Over the next decade, companies plan to invest billions of dollars in new projects.


However, environmentalists are skeptical. They believe chemical recycling is a blindfold that will keep the business going; as a result, there will be no changes to improve the environment. They doubt that such projects will be implemented and say that the best option is to reduce plastic consumption. At the same time, the industrial sector claims that the effectiveness of the industrial application of the technology will soon be proven.


In 2022, Mondelēz International plans to launch the production of Philadelphia-branded cream cheese in new packaging, which will be made from chemically processed plastic waste. Packaging maker Berry Global will manufacture the packaging. Petrochemical company Sabic will supply polypropylene, and start-up Plastic Energy will produce raw materials for polypropylene made from plastic waste at a plant being built at the Sabic site in Gelin, the Netherlands.

Comments

Post a Comment

Popular posts from this blog

Forecast for 2021 from Airbnb

 Airbnb has published a report with forecasts for the travel market for 2021. The company writes that in 2021 there will be a shift towards "important" travel - people will travel to their relatives and friends, meet them in a safe environment. But the industry will still be limited due to the coronavirus pandemic. The attitude of tourists to travel People have lost touch with family and the world. 53% of the respondents believe that they have moved away from their friends and family, 59% answered that they do not feel connected with the rest of the world. Feeling lonely and empty. This was reported by 24% of Americans. Also, people answered that they want to relax during the first trip (44%), feel comfort (34%) and safety (33%). Most tourists are ready to travel. 54% have either already booked or are planning a tour now. Among them, 57% are people aged 18 to 29 years old and 60% from 30 to 49 years old. Meeting loved ones is more important than personal goals. 41% of the res
Read more

Buffett indicator

 The current high values ​​of the Buffett Indicator are often mentioned (see fig.). This is the ratio of Market Capitalization to GDP. The indicator is in many ways similar to the P / S multiplier (the ratio of market capitalization to company revenue), which shows how much investors are willing to pay for 1 unit of revenue. The P / E multiplier has a similar idea. The analytical / predictive value of these indicators has always been low, but especially today. With unprecedented low interest rates, investors' demands on stock returns are reduced. Logically, when government bonds yield 5%, the desired stock return could be 15%. But when money is extremely cheap, and risk-free instruments bring in 1-2%, investors can be satisfied with a yield of 6-10% - and they will not mind buying shares at higher prices, raising the values ​​of multiples. In the era of almost free money, investors are willing to pay much more for 1 unit of GDP, revenues or profits than ever before. This means that
Read more