Circular Economy Clariant Enters the EU Circular Plastics Alliance

By joining the alliance, Clariant is actively supporting a more circular plastics economy. The aim of the alliance is to boost the EU market for recycled plastics to 10 million tons by 2025.

Related Vendors

AZO GmbH + Co. KG

Glatt Ingenieurtechnik GmbH

TRM Filter d.o.o.

Clariant International Ltd Corporate Center

Muttenz/Switzerland – Clariant has recently announced that it has officially joined the EU Circular Plastics Alliance. The alliance aims to enhance plastics recycling in line with the objectives of the EU Circular Economy Action Plan and the Green Deal program. Clariant's engagement is part of the company's active support for the transition towards a more circular plastics economy.

“Shifting towards a global circular plastics economy is an immense challenge that can only be brought forward through ambitious commitments, collaborations and an active stakeholder dialog. As part of the Circular Plastics Alliance, Clariant is looking forward to working closely with other key players in advancing plastics circularity throughout Europe,” said Bernd Hoegemann, Clariant’s Chief Transformation Officer.

PROCESS Insights 2020-01
Current Challenges for Polyethylene Market and Projects

Polyethylene is one of the most widely used plastic resins in the world, accounting for over 1/3rd of the global plastics market.

While the market has been growing in the past, it is now experiencing a reduction in price that can be traced back to several factors including trade disputes, bans on single use plastics as well as overproduction. These factors are further exacerbated by the recent outbreak of COVID-19, which has an effect on the global economy.

This 11-page Expert Insight further explores reasons for the decline as well as possible strategies to mitigate these problems.

Clariant is committed to the Alliance’s goal to boost the EU market for recycled plastics to 10 million tons by 2025. The company’s focus is on addressing the obstacles that are hampering a higher circularity of products within the plastics value chain, in line with the waste hierarchy principles. Clariant’s strategy is based on a smart combination of design for reduction, recycling, and reuse options, as well as solutions for mechanical or chemical recycling.

“Specialty chemicals can act as enablers for new solutions that enhance circularity of plastics by maintaining the value of products, materials and resources in the economy for as long as possible, and by minimizing the generation of waste. Clariant aims to be a leading provider of specialty chemicals that are indispensable to transform a one-way plastics value chain into a circular plastics economy,” added Richard Haldimann, Head of Sustainability Transformation.

(ID:47325633)