PR98231

PARIS, Oct. 12, 2022 /PRNewswire=KYODO JBN/ --

Twelve member companies of The Consumer Goods Forum's (CGF) Coalition of Action

on Plastic Waste [https://www.theconsumergoodsforum.com/environmental-sustainability/plastic-waste/key-projects/packaging-design/] have today published a letter [https://www.theconsumergoodsforum.com/wp-content/uploads/2022/10/LOI_Chemical-Recycling_final-version.pdf] addressed to suppliers,

regulators and investors expressing their demand to

procure chemically recycled material produced in line with their environmental

safeguards. A wider survey of coalition member companies indicates demand of

800,000 tons of chemically recycled material per year by 2030, in addition to

their needs for mechanically recycled materials.

In April 2022, members of the Coalition published a Vision and Principles

Paper, entitled "Chemical Recycling in a Circular Economy for Plastics"

[https://www.theconsumergoodsforum.com/wp-content/uploads/2022/04/PW-Chemical-Recycling-Vision-and-Principles-Paper-July-2022.pdf] which encourages the development of new plastics recycling technologies that meet six key principles for credible, safe and environmentally sound

development. At the same time, members of the Coalition published an

independent Life Cycle Assessment (LCA) study [https://www.theconsumergoodsforum.com/wp-content/uploads/2022/04/Life-Cycle-Assessment-of-Chemical-Recycling-for-Food-Grade-Film.pdf], that demonstrates that system-level emissions would be approximately 40%

lower in certain geographies and under certain conditions if at-scale chemical

recycling was available to process hard-to-recycle plastics, rather than

sending these plastics to waste-to-energy incinerators. The Coalition

recognises that although chemical recycling technology is not a silver bullet,

it will be an important technology which can serve a vital purpose for the

recycling of unavoidable plastic waste which cannot be otherwise recycled

mechanically.

The Coalition conducted a survey of member companies which revealed that there

is demand for at least 800,000 tons of chemically recycled materials per year

by 2030. By expressing their interest in procuring these materials, companies

are sending a strong signal to regulators and investors of the need for scale

in plastics chemical recycling infrastructure while meeting the necessary

environmental safeguards laid out in the Coalition's Vision and Principles

paper. Demand for chemically recycled material does not reduce the need to

continue the scale-up of mechanical recycling infrastructure. It is primarily

focused on demand which cannot be met at scale by mechanically recycled

materials today (e.g., food-contact flexible packaging applications).

The Coalition members signing this letter include: Amcor, Barilla, Colgate

Palmolive, Danone, Ferrero, Haleon, Henkel, Mars, Incorporated, McCain Foods,

Mondelçz International, PepsiCo, Unilever.

About The Consumer Goods Forum's Coalition of Action on Plastic Waste

The Consumer Goods Forum ("CGF") Coalition of Action on Plastic Waste was

founded in 2020 with the aim of developing a more circular approach to the

development and processing of plastic packaging in the consumer goods industry.

The development of the Coalition builds off the CGF's 2018 endorsement of the

Ellen MacArthur Foundation's New Plastics Economy. As a CEO-led group of 42

committed and innovative retailers and manufacturers, the Coalition's vision of

accelerating progress towards the New Plastics Economy is embodied by its

central aims for members to work towards implementing impactful measures

through multi-stakeholder collaborations that will help make circularity the

norm in the industry. For more information about the CGF's work reducing

plastic waste, visit www.tcgfplasticwaste.com.

Contact

Ignacio Gavilan

Director, Environmental Sustainability

environmental@theconsumergoodsforum.com

Louise Chester

Communications Manager

l.chester@theconsumergoodsforum.com

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Source : The Consumer Goods Forum