Blockchain traceability provider Circulor has partnered with energy company TotalEnergies (formerly Total) and plastic chemical recycler Recycling Technologies to develop a solution for tracing Hard To Recycle Plastics (HTRP). The project is called TrackCycle and has funding from the UK government’s innovation agency Innovate UK.
There is an urgent need to improve plastic recycling processes. According to the American Environmental Protection Agency (EPA), despite environmental campaigns and easy-access educational resources on sustainability, less than 9% of municipal solid waste plastics were recycled in 2018. These kinds of plastics include domestic items such as food containers and packaging foam and agricultural items such as fertilizer bags.
In need of well-defined objectives, the EU has set a target for recycling 50% of plastic packaging by 2025. As such, new and tighter regulations on the supply and life cycle of plastic are being put in place to promote a circular economy.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
