Plastic flexible packaging is closely related to the circular economy - Maypak

"Overall Strategy for Flexible Packaging" Report Released

On March 30, the Ellen MacArthur Foundation (EMF) and more than 100 experts released the "Overall Strategy for Flexible Packaging" report on the business-to-consumer (B2C) end.

As one of the fastest growing plastic packaging categories, flexible packaging is also by far the most challenging segment on the journey to a circular economy for plastics due to its almost single use, very low recycling and leakage rates field market.

First, the report argues that any circular economy solution for plastic flexible packaging must have the elimination of single-use flexible packaging as an important part of its strategy. Because once disposable flexible packaging is produced, it is difficult to handle regardless of waste material and recycling environment.

Second, for flexible packaging products that cannot be replaced, it is necessary to ensure that they can be recycled in the market, and recycling is an important method.

Third, always insist on vigorously promoting the upstream product design of flexible packaging, in order to find solutions to the pollution problems caused by the growing number of flexible packaging.

The concept of plastic circular economy is gradually gaining popularity

The negative impact of plastics on human production and life is still an unfinished topic. Plastic waste pollutes the environment, plastic production produces carbon emissions, and plastic consumes petrochemical resources as the three major hazards for the long-term application of plastics. To kill three birds with one stone and realize a circular economy of plastics, there is a realistic way - using PCR to recycle plastics.

For the plastic that has been produced, it will not be landfilled and incinerated during the whole life cycle, but will be used again in the economic life of human society. This is the concept of plastic circular economy.

Under the background of plastic circular economy, the development advantages of high-quality PCR are obvious

At present, the international response to the plastic circular economy is basically promoting PCR.

The U.S. Plastics Pact pledges to use 30% recycled content in all plastic packaging by 2025;

 (California is the first country in the United States to implement mandatory use of PCR requirements. It plans to use at least 15% PCR in plastic products in 2022, 25% in 2025, and 50% in 2030. The proportion is increasing year by year. It is emphasized here that distance It will be less than 10 years in 2030, and the products will use 50% recycled materials, that is, half of the production materials of a bottle will no longer take the path of petrochemicals. For the petrochemical industry, this is only a small part, but for the recycling industry, this is a very large amount. scale, and also a huge economic driver.)

The EU requires the use of recycled plastics to increase fourfold by 2030 compared to 2015;

Australia requires plastic packaging to contain 20% recycled materials by 2025;

A 2025 commitment led by the Ellen MacArthur Foundation and UN Environment to advance the use of PCR;

Almost all of the world's leading consumer goods brands have made a commitment to plastic sustainability, including Nestlé, Pepsi, Unilever Coca-Cola, L'Oreal, Mars and more.

It has become the norm that the international market price of high-quality PCR is higher than the price of new materials.

At the same time, the sustainable development investment industry is gradually focusing on the field of plastic recycling, and more and more industries have joined the economic model of recycled plastics, which enables recycling companies to redefine their market in a broader field.

It is foreseeable that in a short period of time in the future, there will be a large-scale demand for PCR materials. However, the current PCR supply cannot meet the market demand, and the shortage is huge.

Maypak Packaging believes that the concept of plastic circular economy will be more and more important under the attention of all parties around the world.

An emerging technology will subvert an industry, and circular economy is not just for a certain industry, it is the core system that directly points to the global economic value. It is believed that the realization of plastic circular economy not only solves the traditional linear production and consumption system, but also can change the low-efficiency development status of recycling and regeneration through circular economy.

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