Determinants of circular economy development in plastics
DOI:
https://doi.org/10.18778/1429-3730.51.03Keywords:
circular economy, chemical industry, environmental protection, competitivenessAbstract
Idea of circular economy is a natural direction of the development of environmentally oriented management. It is assessed that 95% of plastic packaging materials, valued at 100 bill. USD is lost shortly after first use. Closing of a productionuse loop can be cost effective and can bring reduction of environmental burden. Circular economy in plastics has also far reaching consequences: stimulation of structural changes in industry, new value chains, changes in technologies and investment as well as changes in international trade. In the paper some forecasts and assessments of circular economy consequences for producers and users in plastics are presented and discussed on the example of main types of plastics.
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