BLOG: Plastics producers must increase use of recycled feedstocks as refineries shut
LONDON (ICIS)–Click here to see the latest blog post on Chemicals & The Economy by Paul Hodges, which looks at how plastics producers are being pressured by both ends of the value chain.
“Upstream, the growing demand for electric vehicles [EV] is starting to lead to refinery closures, reducing feedstock availability. Downstream, brand owners are stepping up the pressure for increased use of recycled plastic, as the new Global Commitment report from the Ellen Macarthur Foundation confirms,” says the author.
Editor’s note: This blog post is an opinion piece. The views expressed are those of the author and do not necessarily represent those of ICIS. Paul Hodges is the chairman of consultants International eChem.