Consumer brands see value in chemical recycling
A new, independent scientific study demonstrating has found that the chemical recycling of hard-to-recycle plastic waste could reduce the climate impact of plastic when compared to waste-to-energy incineration.
The study, published April 13, was commissioned by the Coalition of Action on Plastic Waste, one of the coalitions within the Consumer Goods Forum, a not-for-profit global organization that brings consumer goods retailers and manufacturers together, and conducted by Sphera, a leading provider of life cycle analysis (LCA) services.
The coalition is working with others to encourage plastics recycling innovation, which includes exploring the potential of chemical recycling as a complementary approach to mechanical recycling. The new LCA study serves to reinforce and underscore the stance of the Coalition outlined in its latest Vision and Principles Paper, entitled Chemical Recycling in a Circular Economy for Plastics.