Chemical Recycling: economically creating capacity to recycle all plastic.
With the capacity for recycling plastic in the UK standing at just 360Kt pa and China banning the import of plastic waste, there is an urgent need to boost domestic plastic recycling capacities. This has to be done economically and quickly. Recycled material must have valuable end uses that ensure its competitiveness against virgin material, even when oil prices are low. Chemical recycling may well be the solution.