What is the circular economy?
Published on 7 December 2023
Publication
Olivier Talon of Materia Nova presents the importance of the circular economy for companies in the plastics sector, explaining how this economic model can benefit their business.
Avoid categories
- Raw materials
Olivier Talon discusses the shift from a linear to a circular economy to reduce environmental impact, by conserving materials longer. He discusses increasing product lifetimes, using less impactful materials and recycling. Strategies include internal and external recycling loops, and the adoption of business models based on use rather than possession. Plastics companies are encouraged to adopt these practices for economic reasons and to meet increasing regulations.