Catalyzing the Circular Economy of Plastics
Economy of Plastics
OUR COMMITMENT is to foster premium re-use of plastic waste to reduce carbon emissions and to divert plastics destined for landfills or incineration into recycled applications supporting a circular economy of plastics.
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Context
As global issues like pollution, waste, biodiversity loss, and climate change grow more pressing, it is essential to move towards a circular economy. A circular economy encourages redesigning products so that they do not end up in waste stream, utilizing goods and materials for as long as possible, and recycling materials from end-of-life products back into the economy to close the loop between extractions, manufacture, and disposal.
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Management Approach
INDEVCO Flexible Packaging and Napco National CJSC Flexible Packaging divisions have actively pushed for a circular economy of plastics as part of their manufacturer and supplier responsibility to address plastic waste, while creating green revenue streams from recycling plastic waste. INDEVCO companies provide post-industrial plastic collection, recycling, and regeneration. INDEVCO also offers waste-to-energy technologies.
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Sustainable
Development Goals
Impact
Diverted over
300,000 m2
of post-industrial plastic scrap from landfill
Eliminated associated landfilling GHG emissions by over
3,000 metric tons of carbon dioxide equivalent (MTCO2e)
Reduced GHG emissions by over
170,000 metric tons of carbon dioxide equivalent (MTCO2e)
from recycling plastic