Growing the circular economy in chemicals.

The article discusses the growing importance of the circular economy in the chemical industry, particularly in relation to plastic recycling. Plastic recycling represents a significant economic opportunity, with rising consumer demand and regulations driving the need for advanced recycling and improved end-of-life management. However, maintaining this momentum will depend on brands' ability to keep sustainability commitments amidst global inflation and uncertain consumer demand. The article also highlights the barriers to scaling up recycling, such as limited capacity and the need for advancements in technology and partnerships. Additionally, it emphasizes the need for investment in both advanced recycling and end-of-life management to address the global waste leakage challenge. [Extracted from the article]