Promotion of plastic waste recycling has become a global issue. While Asia is the largest contributor to ocean-bound plastics and the fastest-growing region for packaging consumption, establishment of resource recycling systems is urgently needed amid tightening regulations for solid waste import in China and Southeast Asian countries.
Recycled plastic has the potential to displace over 100 million tons of traditional plastic by 2030 due to new legislation and downstream demand. Where will this recycled plastic come from? Investment into advanced recycling technologies - namely depolymerization, pyrolysis, and solvent-based recycling - has positioned these technologies to threaten mechanical recycling’s dominance in the plastic waste market.
This webinar will analyse the economic factors affecting these advanced recycling technologies in the current market and potential future market scenarios. We will also delve into the latest chemical recycling scenario in Asia including regulatory environment, technology innovations, feedstock acquisition, and end markets.