With plastic production set to double by 2050, immediate action is needed to address plastic waste pollution and the inefficiencies of existing recycling systems. Chemical recycling could help process lower-grade feedstocks, significantly upping the amount of plastic that can be given a second life, but is the sector ready to do so?
On today’s show, Dana is joined by Kirti Vasta, a senior associate from BloombergNEF’s sustainable materials team. Together they discuss the different forms chemical recycling can take, what’s driving investment in the space, and the unexpected places that recycled plastics can go.
Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com
Links to research notes from this episode:
Chemical Recycling of Plastics (Part 1): Market Update - https://www.bnef.com/insights/32709
Chemical Recycling of Plastics (Part 2): Tech and Costs - https://www.bnef.com/insights/32963
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