Life Cycle thinking for a Circular Economy

News | Sunday, 3 April 2022

Life Cycle thinking for a Circular Economy

Plastics products is about diverse and complex value chains with many actors, each pursuing their specific business interests. The development and use of plastic products that have the lowest possible environmental footprint i.e., contribute to a carbon neutral value chain while maintaining sufficient functional performance, is much more than a matter of replacing fossil fuel-based plastics with bio-based ones and reconsidering the ultimate design. Businesses need to understand the full life-cycle of their products and commence to openly collaborate with their value chain partners. This open strategy brings understanding of the diverse challenges each value chain actor has. That insight can lead to creative solutions that enable a carbon neutral product life cycle.

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