to drive the circular economy - Borealis
The developments of climate change are attracting attention in Japan and overseas, and countermeasures are urgently required. Under these circumstances, Japan has formulated a basic plan to introduce approximately two million tons of renewable plastic products by 2030.
There is a need to shift to renewable plastics, which feature enhanced environmental considerations without compromising the superiority of plastics.
The renewable PP is made from sustainable feedstock from organic waste and residue streams. Unlike using feedstocks produced with agricultural crops suitable for food and livestock feed, this renewable feedstock is composed of various wastes and residues like from vegetable oil production or used cooking oil from the food industry.
Re-using waste products to manufacture renewable feedstocks further enhances their appeal from a sustainability perspective. This step clearly showcases Borealis’ EverMinds™ ambition in terms of thinking circular. The traceability from the point of origin to the final product is ensured through the mass balance model and ISCC Plus certified by a third-party independent body.
In the environmental sector, Borealis engages in the manufacturing and sales of renewable plastics and recycled resins. In March 2020, it embarked on the commercial production of renewable PP and is now working to expand sales in Europe and around the world.
Borouge provides innovative plastics solutions for the packaging, energy, infrastructure, mobility, healthcare and agriculture industries. Borouge is working to bring about a plastics circular economy on several fronts, including developing new disruptive packaging designs for re-use and recyclability, and introducing mono-material solutions that enable recyclability and help to unlock value for customers while supporting their sustainability goals.
Borouge aims to be a one-stop shop to its customers for all their sustainable packaging requirements.
ITOCHU aims to enhance its corporate value by addressing social issues through its core business. ITOCHU will move forward with the expansion of the global renewable plastics business, particularly in Japan and in Asia. It targets to commercially launch Japan’s first food containers and packaging materials made of Renewable PP by the end of 2020 as well as other sanitary goods, miscellaneous daily goods, cosmetic containers, office supplies, home electric appliances, automotive parts and other items in many different fields.