Page 10 - Plastics News December 2019

AipmA At work

New Circular Economy with Technology is opportunity

articipated in 50 years Golden Jubilee of CIPAD (Council of Shale Gas going up with less cost so profit margin are
Pof International Plastics Associations Directors) at UK. more, in USA.
Established in 1968 at Birmingham during Interplas China banned all imports of plastic scrap since last two
completed 50 years. It was formed as a loose confederation years. So the TURMOIL all over world especially Europe,
who are now pressing new recycling Technology at use
as seen at K 2019. One of the big emphasis is on plastic
waste to oil through pyrolysis (Possible to do by small
company) then to refinery vessels and back to oil. Full
R&D is in that direction.
Global Economy at large is slow, Automobile Sector across
globe faces a number of challenges. Certain sectors in
German Economy are under recession including Packaging
Industry with lower growth forecast.
Media campaign against plastic packaging as consequence
of plastics associations of the world to meet every year and of marine litter has increased. Plastic Bag Ban expected
look at the problems, challenges opportunities in global in Germany by 2020. General reputation of plastics is
plastic industry, today having membership of 49 countries. bad. Negative Sentiments. In UK, proposed tax on plastics
On 10th November 2019 at London UK 50th Meet was packaging with less than 30 percent recycled content. In
held having attendance of 14 countries, viz; South Africa, South Africa, Waste Tax is considered.
Nepal, Italy, Germany, Austria, EUPC, China, Israel, BPF, However Silver Lining is
Switzerland, India, Mexico, UK... Each country data is Recycle economy brings new development opportunities
attached. to plastic industry. In New Circular economy – Technology
Main concern: Sustainability and circular economy. All can play beneficial role.
countries facing slow down except USA. Primarily because

Plastics News December 2019 10