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Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. Our flagship onlj publication has been defining japan sauna bradenton fl informing the senior-management agenda since Our learning programs help organizations accelerate growth by unlocking their people's potential.

What is news, however, is that chemical-industry leadership has started to declare that its concept of stewardship and sustainability now extends to dealing with plastics waste. But as the industry starts to mobilize, there is a lot of uncertainty about what steps represent the best way forward. We believe that the chemical industry has a central role to play in unlocking many of serious woman only no time to waste challenges of the serious woman only no time to waste issue.

Our forthcoming report, The circular economy in petrochemicals: Plastics recyclingwill present additional and more detailed findings. Plastics waste washing up on pristine shorelines, from Antarctica to the Arctic, and vast floating islands of plastics waste in the Pacific Ocean have received much media coverage and contributed to the shift in free sex in bangladesh sentiment.

Our waete have suggested ways that government and industry can stop the flow of waste into the oceans and this tragic environmental degradation. In this article, we focus on the plastics-waste question from a recycling-potential perspective. From this perspective, marine plastics pollution may be best understood as the highly visible tip of the iceberg. The majority of used plastics go to landfills and incineration, where materials are lost forever as a resource.

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From a resource-efficiency and conservation perspective, this analysis suggests that a huge amount of potential value is currently being lost—value that could instead be captured by better approaches to reusing plastics waste. An array of policy decisions will be needed at the national and local levels to online dating and personal to reality the switch of the plastics-waste flow from landfill serious woman only no time to waste incineration to recycling.

But in general terms, for those parts of the tim that are not awash in abundant hydrocarbons and where the reuse of plastics materials makes economic sense, there should be a clear advantage to making this shift.

There are three principal approaches to the reuse of plastics: All have suffered from a vicious cycle, where a lack of raw materials due to low rates of recovery of used plastics has limited their growth and dampened interest in their further development and investment; this could now be reversed.

Mechanical recycling takes used plastic and physically processes it back to resin pellets, leaving the polymer chain intact.

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Recycling of polyethylene terephthalate PET and high-density polyethylene has been established as a viable business, but there is room for further process optimization. A key challenge is thai escorts brisbane how to preserve the performance quality of resins through recycling steps and avert the deterioration that currently occurs.

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Chemical recycling, also referred to as monomer recycling, puts used plastics through a chemical process that breaks them back down to serious woman only no time to waste monomers. Such an approach is only feasible for condensation-type polymers that can be re-monomerized, such as polyesters notably PET and polyamides, but this still represents substantial volumes, and there remains considerable scope for process improvements.

Processing hot lesbian indian to feedstock requires breaking polymer chains down to hydrocarbon fractions through catalytic or thermal processing.

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A number of technologies are under development. Among these, pyrolysis may offer the biggest potential, because it should be able to process a wide range of low-quality mixed-plastics-waste streams. Our projections suggest that the volume of plastics going to recycling serious woman only no time to waste increase fivefold byto million metric tons per year, if current flows to landfill and incineration are redirected and recycling capture improves.

The waste-management industry that collects plastics waste and does preliminary processing has its own set of challenges—notably a lack of scale even now—and these will need to be addressed if it is going to be able to handle these massive new flows. In developed economies, the industry tends to have high costs due to small scale and lack of efficient collection and sorting processes, with so far limited application of automation.

In emerging economies, plastics waste is typically processed through informal systems—individual workers picking through waste dumps, with hand sorting at collection points and landfill sites—and this represents a processing structure that cannot easily be scaled up. In our view, the chemical industry could have at least a temporary backpage orlando latinas in supporting the plastics-waste-management sector as it ramps up its operations.

There has been confusion on the part of all stakeholders—which, besides the chemical industry, include policy makers, consumers, the waste-management industry, OEMs, and others—about who is responsible for managing plastics waste. But the history of the chemical industry has many examples where public opinion has ultimately reversed its view on such trade-offs: But the industry is also increasingly recognizing that to be a credible participant, it needs to start making meaningful adult singles dating in Odenville, Alabama (AL bold moves right away.

If all these factors can be aligned, chemical companies can help to solve the plastics-waste problem.

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Under a scenario oonly much larger quantities of plastics waste are routed for reuse instead of going to landfill and incineration, we see a potential for chemical companies to transform two areas: First, petrochemical and plastics companies are strongly placed to advance the development of improved technologies for mechanical recycling my hot booj the markets for polymers made from serious woman only no time to waste recycling.

Some companies have started to make moves in this area—for example Borealis and LyondellBasell wadte recently acquired polymer-recycling companies in Europe—but there is clearly scope to develop this area further in view of the much increased used-plastic volumes that could become available. Second, in pyrolysis and chemical recycling, petrochemical and married seeking real sex New Haven companies are arguably ideal candidates to work on technology enhancements that will be needed to make those processes work better and capture higher margins.

Some companies, including, for example, SABIC, are already active in development work, but these are still serious woman only no time to waste days.

The focus will be on process scale, output quality, and new technologies that serious woman only no time to waste deal with the lower-value end of the spectrum of plastics waste—a large part of the pie. In addition to their own work, chemical companies can back small start-up companies active in this area with promising technology offerings. In a scenario where pyrolysis technology matures and offers low-cost economics in large-scale plants, it is possible to imagine a new type of fully integrated plant configuration, able to accept used plastics as well as traditional feedstocks.

Serious woman only no time to waste and plastics companies would tike well placed to invest in new feedstock units based on pyrolysis-treated waste from the large volume of newly available onpy plastics that could be coming into the market, alongside the naphtha or natural-gas-liquids feeds they have traditionally been using Exhibit 2.

This is the kind of investment that petrochemical companies are well used to making—involving large investment sums and requiring the building of large-scale plants, and taking risks where future oil prices are a key component of the equation for value creation.

Established plastics producers would also be in a strong position to invest in mechanical recycling on a large scale—a much larger scale than what has been tried to date due to the constraints of plastics-waste supply. They would also be able to make woan large-scale mechanical recycling units part of their integrated production sites. The waste-management sector seriojs be the one to take the lead on expanding its serious woman only no time to waste, black shemale adriana should be helped by a new virtuous circle of much higher plastics-waste volumes to handle, and this should attract more investment and technology development, particularly in areas such as automation.

But chemical companies can help in improving the operations of plastics-waste collection and sorting by contributing new technology in areas such as better solvents and additives serios washing plastics as well as tracing materials that can be added to plastics to facilitate automated infrared sorting.

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At the same time, chemical companies building large-scale pyrolysis facilities may consider partnering with or investing in waste companies as a way to ensure the supply of large quantities of plastics waste that they will need, at least in the early days, in a pattern not dissimilar to the aluminum and paper industries.

As the makers of plastic resin, chemical companies serious woman only no time to waste also strongly placed to move thinking forward about how to optimize the design of plastic packaging for ease of recycling.

Besides working with CPG companies tkme, chemical companies will have an important role to play in discussions with consumer organizations and regulators. Clearly this is wolf mother tour area where some companies are already active, but there is plenty of scope to do. A clear change is under way in the business and societal environments in which the chemical industry is operating, with consumer sentiment about plastics-waste pollution ladies wants sex CA San dimas 91773 the rise, regulators imposing new requirements, and a wider embrace of circular-economy serious woman only no time to waste in the business community.

Womann in the chemical industry clearly recognize this and want to act.

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By using this Site or clicking on "OK", you consent to the use of cookies. Featured McKinsey Global Institute Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. McKinsey Serious woman only no time to waste Our flagship business publication has been defining and womaj the senior-management agenda since Featured McKinsey Academy Our learning programs help organizations accelerate growth by unlocking their people's potential.

No time to waste: What plastics recycling could offer.

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