Scaling plastics circularity
Explore a pivotal moment in the world of plastics recycling and circularity with this McKinsey’s article about the urgent need for investment in circular plastics, the accelerating investments in recycling and innovative business models upstream in the plastics value chain.
With robust demand for circular plastics, changing regulations, and ambitious brand commitments, the past few years have witnessed remarkable profit margins, similar to the early stages of the Western petrochemical investment boom. However, to meet the demand for circular plastics, substantial investments across the plastics value chain are essential, estimated at up to $100 billion cumulatively by 2030.
In this evolving landscape, partnerships and collaborations are emerging as crucial tools to mitigate risks and ensure progress throughout the value chain. Drawing parallels with the growth of the US petrochemical industry, the plastic recycling industry is at a tipping point, offering vast opportunities for those ready to lead the change.
If you’re passionate about making a difference and shaping the future of plastics circularity, we invite you to check out our latest job opening for Sales Manager and join us in building a sustainable future.