Author : TWIN SCREW INDUSTRIAL CO., LTD.

The plastics industry is undergoing critical transformation to achieve the goal of net zero defined in UNFCCC. It is generally accepted that increase in reuse, reduction and recycling are essential actions. However, the latest annual recycling rate is 9% and only 40% of the recycled plastic wastes went to the products though the European area leads the world in awareness of environmental sustainability and recycling infrastructures.

By the year 2050, sixty percent of the carbon emission derived by plastic industry could be vanished if the annual growth of the demand on plastic products could be reduced 2% from now on. It is clear that reducing the use of plastics is the top priority in the perspective of circular economy.

Since the effectiveness of the "New Plastics Economy Global Commitment" in 2018, increasing numbers of multinational agglomerates such as Unilever, Coca-Cola, Nestlé and Carrefour have committed themselves the responsibility for a sustainable environment.

The investment on reducing carbon emission is becoming the most critical factor determining the sustainable growth of the manufacturing industry. Carbon neutrality achieved by 2060 has been committed by the countries contributing more than 75% worldwide GDP.

El aumento de las emisiones de carbono conduce al cambio climático global y da lugar a un impacto amenazador sobre la sostenibilidad de la sociedad humana. Para mediados de siglo, logrando la neutralidad de carbono en todo el mundo, la industria debe reformarse desasociando el crecimiento económico de la utilización de recursos fósiles como el petróleo, el carbón y el gas natural. El impuesto en la frontera del carbono (CBT) se aplicará a las mercancías exportadas a la Unión Europea a partir del 2023 y de esa manera se podrá anticipar en las otras entidades económicas importantes.