As scientists and dozens of nations call for major reductions in plastic production, the plastics industry continues to push pyrolysis — dubbed chemical or advanced recycling — as a primary solution to the global plastic waste crisis.
Reuse is a behaviour – and does not require investment, a waste expert said at the Cities: Possibilities event in Singapore. Others suggested that capital is needed to support reuse and refill systems in the fight against waste and pollution.
Companies with stronger plastic waste management strategies showed steadier revenues and cash flow, a report by Planet Tracker finds. Litigation costs across the plastics sector could exceed US$20 billion by 2030.