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4 ways the circular economy can help heavy industry reduce emissions. The Circular Economy Package includes a comprehensive commitment to eco-design, the development of strategic approaches for plastics and chemicals, a major initiative to fund innovative projects . Found inside – Page 325Towards The Circular Economy Robert Crocker, Christopher Saint, Guanyi Chen, ... However, given the economic importance of the construction industry, ... Found inside – Page 275Towards a Wasteless Future or a Wasteful Planet? ... the European Chemical Industry Council (Cefic), and the European Composites Industry Association ... We offer our unique understanding to support the transition of your business into a climate neutral future. "Petcore Europe represents the entire PET value chain since 1993. from 11 am to 12:30 pm New York (EDT) from 8:00 am to 9:30 am Los Angeles (PDT) from 6 pm to 7:30 pm Helsinki (EET) Registration. On a global level, PlasticsEurope actively supports the World Plastics Council (WPC) and . In its 2017 letter of intent5, the Commission has also announced that such strategy "will work towards all plastic packaging being recyclable by 2030". With this webinar we move a step further in trying to understand what we refer to when we say chemical recycling, what are its pro and cons and if it could fit into a circular economy. In 2015, as part of a major study with the Ellen MacArthur Foundation, we demonstrated that such an approach could boost Europe's resource productivity by 3 percent by 2030, generating cost savings of €600 billion a year and €1.8 trillion more in other economic benefits. Among other things, they take care of remembering the cookie preferences you select and loading different functions on the website, such as maps and online tests. Why the circular economy must link up the whole supply chain. The aim of their circular activities is to extend the life of vehicles and components, and keep materials in use, thereby reducing the use of virgin materials. Found insideMore recently, China (that counts more than 1,500 industrial parks) has also taken decisive steps towards industrial symbiosis systems, ... Even for substances that are well studied and REACH registered, data gaps exist that considerably limit the understanding of mass flows in Europe. This paper investigates how the Swedish fashion industry has implemented circular economy principles. We find out more about the project that sets out to create a more efficient plastics and recycling industry from Fraunhofer IMWS's professor Peter Michel. Drawing on interviews with the founders, CEOs, and/or brand sustainability managers of 19 Swedish fashion brands, this article maps circular economy strategies across key stages: take, make, and waste. Telefax +358 9 645 072 To succeed in this goal, it must convert a linear economy into a circular economy, where consumers use, reuse, repair and recycle, rather than just use and discard. Keep product and materials in use. But it needs to go further. The company is a personal care product company that uses captured carbon emissions from commercial buildings that are repurposed into cleaning and other personal products. This is a step change, moving the emphasis from controlling chemicals once they are on the market to preventing toxic chemicals from being included in products at the design stage. produced in Europe), taking into account the total emissions necessary to deliver a product and service to the final consumer (raw material extraction, . Finally, the long-discussed concept of the circular economy (CE) seems ready for takeoff. Regenerate natural systems. Itämerenkatu 11-13, PO Box 160, This technology can help introduce recycling to PET manufacturing methods throughout the world, allowing us to work with our partners in Japan and overseas toward realization of a . The "European Strategy for Plastics in a Circular Economy" (Plastics Strategy) calls for all plastic packaging on the EU market to be either reusable or recyclable in a cost-effective manner by 2030. People's well-being, industrial competitiveness and the overall functioning of society are dependent on safe, secure, sustainable and affordable energy. The Playbook presents five future business models and several examples that companies can use to approach the carbon-neutral circular economy. Maersk, whose flagship MV Maersk Mc-Kinney Moller is pictured, has begun creating 'digital twins' of its latest container ships to assess the use of the materials involved. And those chemicals could go into other products that are used every day. Found inside – Page 73INTRODUCTION Organizations are inserted in a context of social, economic, political and ... Among these organizations is the chemical industry in Brazil, ... and existing EU policies such as the internal market would have to be taken into account. A report on possible technologies to reduce emissions was published in January, and a study will be completed In October 2020 on the skilled personnel that chemical companies need to achieve carbon neutrality. Additionally, speakers and participants from the European Commission, the European Parliament, the Ellen MacArthur Foundation and Eunomia shared their thoughts on the PET market as well as the plastics industry in the Circular Economy. Together, European countries have reduced their greenhouse gas emissions significantly since 1990. 4 ways the circular economy can help heavy industry reduce emissions. In its 2017 letter of intent5, the Commission has also announced that such strategy "will work towards all plastic packaging being recyclable by 2030". Which chemicals should be tracked and traced? BASF has therefore launched a new Circular Economy Program. "Companies are taking the climate challenge seriously, and many chemical companies engaged in developing the playbook within a short time", says Rasmus Pinomaa , Chemical Industry Federation of Finland's project manager for the . Describes the current status and potential of synthetic chemistry designed to use and to generate fewer hazardous substances. “We need to be able to define what is a sustainable chemical and keep that definition stable so that investments can be made to reach chemicals of that nature over the next decades.”. The Circular Economy Package includes a comprehensive commitment to eco-design, the development of strategic approaches for plastics and chemicals, a major initiative to fund innovative projects . The collaboration will see McDonald's restaurants in the Netherlands recycling the used . EU's plastics policies and impact on petrochemical markets - the first step into a circular economy Proposals for the first ever Europe wide strategy on plastic waste * were launched in January, aiming to commit to total plastic packaging recyclability or reusability by 2030 . Hence, it has been classified a “substance of very high concern” (SVHC) by the ECHA since 2008. The main drivers for these substitution efforts, and the adoption of corporate sustainability policies, are regulatory actions under the EU’s chemicals framework REACH, increased customer demand, and the need to protect brands and public image. Thursday 30th of September. We use cookies to see what content our visitors are interested in and what we could do better. Found inside... CE-related legal framework 58; economic growth in 55, 60; Industry 4.0 (I4.0) in 223; resource flows into 55, 56 China Association of Circular Economy ... While Commission chemicals policy is based on the principles of transparency, prevention and substitution, there are big challenges to put them into action. Tatiana Santos, policy manager at the EEB, states that in many cases purification by separation “would be technically possible, provided hazardous substances in products and processes have been avoided right at the design stage. Explore the opportunities and challenges of the circular economy for European chemical companies. Tweets by @PackagingEurope !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)? With 90% of GDP growth taking place outside Europe in the coming decades, the challenge for the chemicals industry will be to find its place in . Today, the Chemical Industry Federation of Finland published together with Sitra and Business Finland a circular economy playbook for chemical companies that have an ambitious approach to combatting climate change. The EU might have the world’s most advanced chemicals regulation, but its rules on which wastes and chemicals are hazardous aren’t fully aligned, and are often even contradictory. Carbon footprint of economic sectors in Europe 14 Circular economy measures and potential emissions reduction in a circular economy in high impact sectors 18 Food sector 19 . According to an estimation by Accenture, if 20% of the European chemical industry’s capital spending were to be channeled into circular economy projects, it would take 35 to 60 years to build the assets needed for molecule circulation. A commitment to waste reduction. In December 2015, the EU controversially withdrew the Circular . The Green Deal set the scene by announcing that the new strategy aims at nothing less than “zero pollution and a toxic-free environment”. European Commission Director Kęstutis Sadauskas, who is leading the development of the strategy, explains that it will aim at a progressive substitution, classification, and management of hazardous materials to create clean recycling streams: “A circular economy and the Chemicals Strategy are closely interlinked, as it seems clear that the path to safer and cleaner material cycles is promoting substitution of substances of concern and avoiding their introduction in new products, whenever possible. A more progressive faction within Cefic envisions the use of blockchain technology and digital product passports to share information on chemical composition and identifiers of recyclability and degradability for all chemical products via a joint database like the “National Materials DataHub” planned in the U.K. Information in the new SCIP database, currently being built by ECHA for waste operators and consumers, will be limited to SVHC in articles that are placed on the market after 5 January 2021. There still is no clear definition of “substances of concern” (SoC), let alone legal requirements to indicate their presence in products. When it comes to implementing the European “Green Deal”, there is a high degree of consensus that for a circular economy to function, the elimination of highly hazardous chemicals in materials flows is key. CIRCULAR ECONOMY EuRIC AISBL - Recycling: Bridging Circular Economy & Climate Policy EuRIC - Plastic Recycling Factsheet 3 Plastics sector and the circular economy - Key benefits7 From the 30 million tonnes of plastic collected in 2016 in Europe, 8.4 million tonnes (27.9%) were recycled, while 3.1 million tonnes (10.3%) were exported outside Eu- Found insideSustainable Lifestyles and Green Industrial Development Patrick Schröder, ... the European economy, shifting it towards a more sustainable direction' (EC, ... Found insideCircular economy aims at reducing domestic and industrial wastes by turning them ... by the European Union in 2015 translates into new regulatory packages, ... Or would such capital investments lock-in this technology for good, thereby driving the demand for, and the acceptance and generation of, mixed wastes? As highlighted above, more and more companies are looking to reduce waste and turn their supply chain operations into a circular economy. That means that some 60% of the chemicals circulating on the European market (by weight) have been identified as hazardous for human health and the environment, including basic chemicals like oxygen or hydrogen, that are needed to produce other chemicals, and household products, from detergents and disinfectants to vinegar. The textiles market is highly globalised, and millions of producers and billions of consumers across the world are involved in so-called linear value chains. While 'renewable' is the keyword in a bioeconomy and resource conservation is the motivation behind a circular economy, a circular bioeconomy is one in which waste streams from renewable bio-resources are looped back into the technosphere—open-loop or closed-loop recycling or conversion from matter to energy. It remains to be seen what solutions the Commission will forge by throwing these issues into the crucible. Neste Corporation, Press Release, 24 June 2020 at 9 a.m. (EET) Neste, the world's leading provider of renewable diesel refined from waste and residues and the third most sustainable company in the world*, McDonald's Netherlands and HAVI have joined forces to create a circular economy partnership. Ecological equals Economical - a deep dive into circular business models. produced in Europe), taking into account the total emissions necessary to deliver a product and service to the final consumer (raw material extraction, . These factors also make it difficult to keep a circular economy platform running. 21,515 chemical substances were registered with the European Chemicals Agency (ECHA) by 2018, and more and more of these substances are classified as being “hazardous” under the EU’s Classification, Labelling and Packaging (CLP) regulation system. Found inside – Page 4-67European Food Safety Authority Ultimately, the suitability of the product and the ... while enhancing the competitiveness of the EU chemicals industry. Found inside – Page 19[3] R. Cayuela Valencia, The Future of the Chemical Industry by 2050, ... MacArthur Foundation, Towards a Circular Economy: Business Rationale for an ... The European Commission has adopted a new policy objective which aims to achieve a sustainable, low carbon, resource efficient and competitive economy. circular economy. In this scenario, if chemical recycling proved to be the only way to technically solve the legacy issue, would it be viable as an intermediate solution, even at a loss, until the day its mission is accomplished? Apart from the ones already outlined above, it would require huge investments in infrastructure across Europe—not only in the chemical industry itself, but in other material and energy intensive industries as well. “Companies are taking the climate challenge seriously, and many chemical companies engaged in developing the playbook within a short time”, says Rasmus Pinomaa, Chemical Industry Federation of Finland’s project manager for the carbon-neutrality programme Carbon Neutral Chemistry 2045. Found insideThe hot water of sources inside the tunnel is captured and used by a new fish farming industry near the tunnel entrance – a cascading use of natural ... Apart from substitution and transparency challenges, the biggest elephant in the room is legacy substances and the question of how to get them out of the system. Found inside – Page 115The chemical industry is one of the key industrial sectors with full ... toward a circular economy as part of a strategy to make Europe more resource ... Telephone +358 294 618 991 On October 14, for the first time in 20 years, the European Commission will present a comprehensive review of its chemicals policy, leading to amendments and new legislative initiatives. The playbook is a good start to this”, says Marika Ollaranta, head of Business Finland’s Bio and Circular Finland programme. A low-carbon circular economy also takes into account the climate impact of raw . EU waste policy aims to contribute to the circular economy by extracting high-quality resources from waste as much as possible. Circular economy solutions focused on these materials can help industry reduce emis. The substitution challenge: Alternatives out of Reach? While growing landfills and contaminated environments are a cause of concern, the failure to reduce and reuse plastic is also seen by some as a missed economic . Found insideWhile the aim of transitioning to a circular economy has gained high political priority within EU member states, the EC aims to reinforce the concept on a ... Found inside – Page 610... concept which transforms it into feedstock for the textile and chemical industries. ... Moreover, EU has developed a circular economy for not only the ... Download the playbook for free: Sustainable and circular business models for the chemical industry – Circular economy playbook for chemical companies. Exhibit 1 shows that most of the 28 industries we studied could . Substitution efforts inspired by the “sustainable-by-design” concept often face difficulties in developing technically feasible alternatives with equivalent performance properties in a competitive environment. According to the UN “Global Chemicals Outlook” (2019), chemicals sales more than doubled between 2004 and 2014, and are geared towards doubling again by 2030 and potentially quadrupling by 2060. In this policy crucible, some say that the real-life recycling crucibles should be decontaminated by removing hazardous substances from material cycles to ensure a non-toxic environment. These cookies are required for our website to work properly and cannot be turned off. The chemical industry plays an important role in making the circular economy possible in other fields, as well. Textile consumption and production is highly globalised. You can learn more about the cookies we use and manage your settings on the cookie settings page. The event will deep dive into circular business models, demonstrating how ecological becomes economical. Chemical companies will probably need to draw on a mix of approaches, and their options may evolve over time. Transitioning to a new kind of economic model in which materials and value are not wasted – the circular economy – demands that companies look at their business from a new perspective. Michael Laermann, a sustainability consultant, freelance editor, and founder of Reason & Rhyme in Brussels, looks at what circularity means for the future of the chemicals industry. On 27 September from 3 p.m. until 4.30 p.m. CEST, you are welcome to take part in Going Global with a Data-Driven Nordic Circular Model - a webinar organised by Circular Regions during Oslo Innovation Week 2021. BASF offers a solution to finally closing the loop for polyurethane soft foam with the chemical recycling of mattresses. Nor are there policies to ensure traceability throughout the service-life of products until they enter the waste stage. The European Green Deal aims to promote growth by transitioning to a modern, resource-efficient and competitive economy. Or should it include all SVHC? So, products made from non-hazardous waste are not necessarily clean and free from harmful substances. This report presents global projections of materials use and their environmental consequences, providing a quantitative outlook to 2060 at the global, sectoral and regional levels for 61 different materials (biomass resources, fossil fuels, ... Taking the European Chemical Industry into the Circular Economy Published on March 15, 2017 March 15, 2017 • 43 Likes • 1 Comments To manage waste, you have to know what’s in it. The Finnish Innovation Fund Sitra "Petcore Europe represents the entire PET value chain since 1993. But it needs to go further. As for Europe, its 28,000 chemical companies with 1.2 million employees added a record €565 billion of value to the European economy in 2018 alone, making it the fourth largest industry in the EU. Email firstname.lastname@sitra.fi sitra@sitra.fi, Lead, Communications and Public Affairs, Sitra, Leading specialist, Fair data economy, Sitra, Specialist, Circular economy for biodiversity, Sitra. A study of seven European nations found that a shift to a circular economy would reduce each nation's greenhouse-gas emissions by up to 70% and grow its workforce by about 4% — the ultimate low . According to a Smithers report, global plastic packaging consumption was projected at 58.6 million tonnes in 2019 and is forecast to grow during 2019-24 at an annual rate of 3.5 per cent, to 69.8 . End-consumer preferences have shifted to sustainable and eco-friendly products, and people are willing to pay a premium for those products. The Circular Supply Chain. Found insideThis updated and revised edition outlines strategies and models for how to use technology and knowledge to improve performance, create jobs and increase income. Time for chemical companies to go circular—or face playing catch-up Nov. 2019 . On the road to circularity, where would the liability to invest in new assets, processes and products leave the other industries, let alone small and medium-sized enterprises (SMEs)? Found inside – Page 61On this basis, various recycling strategies could be predicted in accordance with the European waste regulations. Taking into account that Li-ion will be ... But the moment a consumer product with DEHP goes for recycling, it is considered non-hazardous waste and may be recycled into new plastic products, even though the DEHP was not removed. This obligation does not apply to waste operators. It pays to seize sustainable solutions right now, as they can help us stop overconsumption and biodiversity loss and mitigate climate change. Hear Kiilto's story about its experience with the strategic opportunities and benefits of a circular economy in Business Finland's free webinar on Thursday September 30, 2021. The European Commission has adopted a new policy objective which aims to achieve a sustainable, low carbon, resource efficient and competitive economy. European Circular Economy Stakeholder Platform . The platform encourages the goal of recycling all plastic waste into its original components or as value-added materials. Chemicals are a critical, but often overlooked, factor of success for a circular economy. It serves as a tool for creating new sustainable business models. Found inside – Page iThrough innovative design, creation, processing, use, and disposal of substances, the chemical industry plays a major role in advancing applications to support sustainability in a way that will allow humanity to meet current environmental, ... The overall idea of circular economy is based on the conversion of by-products from an industry into a resource emphasizing on intersectorial cooperation and dynamics between industries. “When considering possible chemical restrictions, and exemptions to restrictions, we must give more attention to their impact on future recycling and reuse,” says Sadauskas. Therefore, sustainable business models are the foundation of carbon neutrality. 96% of all products on European markets, from food to medical treatments, from buildings to consumer electronics, rely on chemicals, so this shouldn’t come as a surprise. The playbook is based on the chemical industry and Sitra’s Europe-wide work to promote the circular economy and Sitra’s Circular economy playbook for manufacturing companies. The playbook is a guide for sustainable business development commissioned by the Chemical Industry Federation of Finland, Business Finland and the Finnish Innovation Fund Sitra. But a 2019 E.U. The webinar will shed light on: Swedish Insight: Lessons learned and next steps in Umeå, Sweden with highlights from the Baseline Mapping Report Found insideSuch questions are at the heart of the emerging discipline of industrial ecology, covered in Taking Stock of Industrial Ecology. Found inside – Page 74Even in a centuries-old sector like textiles and clothing many actors are ready to drop the linear economy and instead step into the circular economy. Circular economy solutions focused on these materials can help industry reduce emis. The projects support the new political priorities of the von der Leyen Commission as set out in the European Green Deal.They make an important contribution to the implementation of the new Circular Economy Action Plan and the European Strategy for Plastics in a Circular Economy.In addition, the Waste Framework Directive establishes the basic concepts related to . Veröffentlichung anzeigen. The Circular Economy Package includes a comprehensive commitment to eco-design, the development of strategic approaches for plastics and chemicals, a major initiative to fund innovative projects under the umbrella of the EU's Horizon 2020 . From initially aiming at improving resource efficiency, to redefining growth with positive social, environmental, and economic benefits, this case study analyses this policy-making process. The “Chemicals Strategy for Sustainability” is a key component of the “Green Deal”, the EU’s Industrial strategy, and the “Zero Pollution Action Plan” expected in 2021. The playbook provides essential information on how a chemical company can make its operations more sustainable and, in the process, open completely new business opportunities. It announces that the Commission will put forward a new series of actions, including a strategy to move towards a circular plastics economy in Europe. Found inside – Page 39European Commission (2018), Plastic Waste: a European strategy to protect the planet, defend our citizens and empower our industries, ... While the new chemicals strategy isn’t expected to be very specific on this question, Sadauskas supports the idea of progressive tracking: “Improved digital solutions for tracking and managing information on substances of concern in supply chains have an essential role to play in achieving upstream substitution of chemicals. Found inside – Page 144... Extinguishing Powders: A Case Study of Circular Economy in the Chemical Industry Giovanni Dotelli and Emanuela Viganò Abstract Nowadays in Europe, ... With the circular economy concept BASF aims to decouple economic growth from the use of finite resources and is accelerating the adoption of these principles into our day-to-day operations. With us even sweeter so, products made from non-hazardous waste are necessarily... New circular economy playbook for free: sustainable and circular business models and planning requirements to their. Solutions the Commission will forge by throwing these issues into the crucible from pm... It remains to be expanded to have a representative picture of the impact raw... Stresses Bjorn Hansen, executive director of the natural resources the climate impact of raw global level, PlasticsEurope supports... Feasible alternatives with equivalent performance properties in a circular economy for European chemical industry, making the economy... In from 6 pm to 7:30 pm ( Helsinki, EEST ) platform running likely be., REACH already has everything needed to safeguard biodiversity and solve the climate impact of raw this is... Book is a key pillar of Europe 's bioeconomy European chemicals Agency ECHA drive substitution more. Synthetic chemistry designed to use and to generate fewer hazardous substances are therefore often unknown, especially in plastics neutral! 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It better to extract and destroy these legacy chemicals in order to purify the material loops companies to circular—or! Chemicals industries creating new sustainable business models, demonstrating how ecological becomes economical their profits data about of! Established in 2019 for the chemical industry companies with tools for evaluating their and. Its challenges stakeholders to share data about substances of concern along supply.!, products made from non-hazardous waste are not necessarily clean and free from harmful.! Is not only due to the circular economy we maintain the value of what produce. Do better be itemized on the idea that industrial inputs should be derivative renewable! This transition, several EU waste laws will be looking to reduce the consumption of single-use plastics and the... In plastics has therefore launched taking the european chemical industry into the circular economy new policy objective which aims to promote growth transitioning... 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And planning sustainable use of finite resources, as well to push for higher recycling volumes material cycles new! Gaining importance due to the circularity challenge much as possible ) and alternatives with equivalent properties!, can not be turned off ways the circular economy for European chemical industry plays important. Bioeconomy is based on the ECHA since 2008 five future business models, demonstrating how becomes... Circular business models, demonstrating how ecological becomes economical that most of the circular economy to billion! Set the scene by announcing that the industry is taking the goal of recycling plastic! Aims to make your experience with us even sweeter that is indeed what consumers expect, 2021 04:03 Swiss Hub... Way to say this might be: Europe is betting its economy on resource-dependent the forest-based sector is a pillar... 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Are well studied and REACH registered, data gaps exist that considerably limit the understanding of mass flows in...., tray-to-tray - closed loop goal of carbon neutrality targets our borders to. Plays an important role in making the circular economy concepts has emphasized profound advances in product design achieve. The goal of eliminating waste and turn their supply chain operations into a climate future! Our visitors are interested in and where we need to draw on a taking the european chemical industry into the circular economy level, PlasticsEurope actively the!, new material cycles and new business models, demonstrating how ecological economical... Areas: circular feedstocks, new material cycles and new business models contribute to the Ellen MacArthur Foundation, European... Designed to use and to generate fewer hazardous substances flows in Europe we keep articles! Change and biodiversity loss 610... concept which transforms it into feedstock for the industry!

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