Replacing fossil fuels with bio-based feedstock
Polyethylene (PE) and polypropylene (PP) are the most widely produced types of plastic, which can be found in a number of everyday products, including plastic bags and food packaging. The manufacturing of plastic heavily relies on the use of fossil fuels, such as petroleum and natural gas.
SABIC is one of the front-runner companies to partially replace non-renewable resources with renewable feedstock while making plastic. The renewable feedstock comes either from food waste or forestry residues.
The plastic derived from renewable feedstock has the same properties and performance as fossil-based plastic and can be used in all applications – from food packaging to construction and car manufacturing.
Associated SDG targets
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Circular Economy 2.0
In 2015, the European Commission published its Circular Economy package to promote the transition from a linear economy into a circular economy, where resource efficiency is increased and the value of products and materials is maintained for as long as possible. When a product reaches the end of its life, options such re-use, remanufacturing and recycling can be explored to create additional value. Circular Economy can bring forth economic benefits, by contributing to growth and job creation and stimulating innovation, and in parallel provide environmental benefits.
The European Commission’s definition of the bioeconomy encompasses the production of renewable biological resources and the conversion of these resources, residues, by-products and side streams into value added products, such as food, feed, bio-based products, services and bioenergy. The EU’s Bioeconomy Strategy was adopted in 2012 and updated in 2018, with the overall objective to provide inclusive economic growth within the boundaries of sustainable development.