London — Petrochemical producer Dow Energy is aiming to supply 100,000 mt of recycled plastics in its products to customers in Europe by 2025, the company's director of sustainability and advocacy, Kate Geraghty, said Friday.
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Geraghty said the target would be challenging. It would have to involve development of both mechanical and chemical recycling technologies, and a development of value-added end markets, she said.
Dow also stressed the need to work across the value chain to design and make use of more sustainable packaging. The company has launched an initiative, PackStudio, which aims to engage with converters, suppliers, equipment manufacturers, brand owners and retailers to maximize added value for recycling and end markets.
"This initiative will change what plastics packaging will look like in Europe," Geraghty said.
A slew of chemical producers, brand-owners, supermarkets and other industry members have made pledges over the last year to progress towards a more circular economy in Europe.
Petrochemical producer Ineos earlier this year made a series of commitments to increase recycled materials in its products.
It pledged to offer polyolefin products for packaging applications in Europe containing at least 50% of recycled content, use on average 30% recycled content in products destined for polystyrene packaging in Europe, incorporate at least 325,000 mt of recycled material into products a year and ensure 100% of polymer products can be recycled.
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EMEA petrochemical outlook H1 2019
The European petrochemicals industry is heading into 2019 on increasingly global terms, braced for ever changing trade flows amid continued geopolitical uncertainty.Download report