4. An example – How Circular Eco Supply Chains increase value and drive plastic recycling, innovation, and overall sustainability for the plastics industryby gearedforgreen March 20, 2018 ACC circular supply chain eco apparel Exxon gearedforgreen plastic raw materials plastic resins plastics Proctor & Gamble recycling social partnerships sustainable packaging
Plastic Manufacturer (Alpha) generates a difficult to recycle plastic scrap material, yet wants to increase Plastic Recycling & decrease Plastic Disposal. Why? Because they care about our environment and they care about their economic bottom line.
(Alpha) makes pet or polypropylene or some other grade of plastic sheet or film that’s challenging to recycle because it’s either heavily printed, colored, coated, or laminated with polyethylene or nylon or PVDC or some other surface contaminant.
Alpha wants to recycle their industrial plastic scrap however… because their scrap is challenging to recycle or reuse, the value of the scrap is low and/or there are limited, fluctuating, unreliable recycling markets.
(Alpha) connects in a gearedforgreen eco supply chain, which connects (Alpha) with Innovative Recycling & Technology Company (Bravo )and with a strong Plastic Manufacturer (Foxtrot) that purchases Recycled Grade Plastic Resins. All 3 companies are now connected together.
1st benefit of an eco supply chain is technology-innovation. Utilizing patented proprietary plastic decoating technologies, (Bravo) is able to remove all the surface coatings off the plastic sheet and films, including laminates, heavy inks, coatings, etc., bringing the plastic scrap back to its original virgin clear or white quality without causing any heat history or degradation, providing a cost effective way to transform this plastic scrap from “challenging to recycle plastic scrap” to “reliable high quality plastic resin”.
2nd benefit of an eco supply chain is connected transparency for recycle grade plastic scrap. For many major brands…making their plastic products and packaging more sustainable is a top priority and increasing their use of recycled sustainable plastic raw materials and reducing their dependence on virgin plastic raw materials made from natural gas and petroleum is a very important part. (Foxtrot) switches from virgin to sustainable recycled raw material by connecting in our gearedforgreen eco supply chain to ensure a consistent reliable repeatable quality, ongoing raw material availability, and to have full open access and transparency throughout the supply chain, from the origin source (Alpha) where their plastic raw material originated from, straight through to the technologies and cost per pound to create their sustainable raw material at (Bravo). In a time when “consumers care & communicate”, connecting a supply chain Alpha-Foxtrot-Bravo helps ensure long term sustainability.
3rd benefit of an eco supply chain is the connection itself, and the reliability and consistency of material, quality, and price that a connected eco supply chain provides. Everyone in manufacturing knows.. consistency and repeatability at scale is essential. By connecting in an open transparent eco supply chain, (Alpha supplier) is connected to (Bravo technology-converter) and connected to (Foxtrot resin customer) together. This connection through the eco supply chain creates beneficial eco partnerships.
* Eco Partnership Benefit #1. Sustainable Raw material streams can be “contracted” which creates long term market stability for suppliers, consistent feedstock for converters, and reliable raw material supply for customers. It’s also easier to invest capital in sustainability initiatives when you can rely on long term consistency.
* Eco Partnership Benefit #2. Manufacturers using recycled sustainable plastic resins can be assured of consistent repeatable quality since the raw material supply, recycling process, lab and specifications all remain consistent.
* Eco Partnership Benefit #3. Raw material pricing can be indexed which creates long term stability and economic fairness throughout the eco supply chain as resin markets fluctuate up and down. Indexed pricing can be very impactful in establishing long term eco partnerships that ensure fair prices for raw material plastic scrap suppliers, converter fees, and end use customers, as resin prices adjust up & down overtime.
To learn more about gearedforgreen eco supply chains and how they can help enhance your plastics sustainability initiatives, please contact us at firstname.lastname@example.org
By Daniel Schrager, President at GearedforGreen 888-398 (GEAR) 4327 email@example.com, www.gearedforgreen.com