Borealis Plans To Quadruple Its Recycled Plastics Production By 2025
Borealis, a leading supplier of innovative solutions for polyolefins, chemical feedstocks and fertilizers, has signed the “A Line in the Sand” agreement for the new plastics economy – a global agreement to eliminate plastic pollution at the source.
250 global organizations, including large global packaging manufacturers, brands, retailers and recyclers, as well as government and non-governmental organizations, have signed the global agreement to eliminate plastic waste and pollution from the source. Twenty percent of the world’s companies engaged in the production of plastic packaging have signed the agreement.
“We are convinced that as long as we work together, companies and governments can solve the problem of plastic pollution at the source,” explains Arctic CEO Alfred Stern. “As a plastics manufacturer, we have taken the lead in helping to solve the problem of plastic waste and recycling. We not only support the “A Line in the Sand” global agreement, but also promise to increase the amount of recycled plastic by more than four times by 2025, and will further Expand our Project STOP program to help eliminate marine plastic contamination.”
The global agreement aims to “new the situation” in the plastic packaging industry. The association will review the proposed goals every 18 months and will take more active actions in the coming years. Companies signing the agreement are required to publish annual progress data to help drive the development of recycled plastic packaging and ensure transparency.
The main thrust of the agreement includes:
- Abolish the problem plastic or unnecessary plastic packaging, and change the plastic packaging mode to the recycled plastic packaging mode.
- Innovative research and development to ensure that 100% of plastic packaging can be recycled, recycled or degraded easily and safely by 2025.
- Recycle plastics by significantly increasing the amount of reusable or recycled plastic and reforming it into new plastic packaging or products.
- Eliminating problems Plastics or unnecessary plastic use are an important part of the vision of the global agreement and help preserve the economic value of the remaining plastics and prevent plastic contamination.