Chemical Recycling is a process that converts plastic waste into its basic chemical components, allowing for the creation of new plastics or other valuable materials. Unlike mechanical recycling, which often degrades material quality, chemical recycling can handle mixed or contaminated plastics. This method aims to reduce landfill waste and reliance on virgin fossil resources. It offers a potential solution for materials traditionally difficult to recycle.
Context
Chemical recycling is a key area of focus in efforts to address global plastic waste challenges and advance a circular economy. News reports frequently cover new technological developments, investment in chemical recycling facilities, and debates surrounding its environmental benefits and economic viability. The discussion includes assessing its true scalability and overall sustainability compared to other waste management approaches.
This initiative leverages distributed ledger technology to establish immutable traceability within chemical recycling value chains, optimizing material provenance and regulatory compliance for sustainable operations.
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