Supply chain News and trends

Stellantis will look to upgrade its medium-term target for the minimum percentage of recycled material in its vehicles from 35 percent, the carmaker's Senior Vice President Global Circular Economy Alison Jones said.

In its business plan, Stellantis has set a goal to boost revenues of its recycling business ten-fold to over 2 billion euros ($1.9 billion) by 2030. It also aims to quadruple revenues from extended-life parts and services.

"We talk about having a minimum target of 35 percent of recycled materials in our vehicles, it will vary by vehicles," Jones said on Tuesday whilw presenting Stellantis's Circular Economy business.

"Of course we will look to increase that, because we want to make sure we take more material and put it back in our vehicles going forward," Jones said, without specifying what the percentage might rise to.

Jones said the project -- based on "reman," "repair," "reuse" and "recycle" -- would help the group meet its carbon net zero target set for 2038.

It will also help the automaker to keep prices lower as the shift to electrification often means more expensive vehicles, and cope with potential prolonged shortages of raw materials in its supply chain.

Stellantis CEO Carlos Tavares has said scarcity of raw materials will continue in the next decade, adding it is a key task for the carmaker to extend the life of materials it uses.

Via EcoVadis

“As the first plastic tax to be implemented globally, the UK PPT is a harbinger of the worldwide movement reinforcing the polluter pays principle alongside extended producer responsibility,” said Stephen Jamieson, global head of circular economy solutions at SAP. “By disincentivising the use of unsustainable materials, the government is at the same time incentivising the market value of recyclable plastic, fostering a sustainable circular economy that will have global repercussions.”

Via EcoVadis

In this article, John Jackson discusses the importance and value of creating a green circular economy, bringing attention to how businesses may need to consider adapting current processes into becoming more environmentally friendly. As well as this, John introduces the use of recycled or reconditioned products and materials as a considerable method that could significantly contribute towards a business's decarbonisation strategy.

Via EcoVadis

“As the first plastic tax to be implemented globally, the UK PPT is a harbinger of the worldwide movement reinforcing the polluter pays principle alongside extended producer responsibility,” said Stephen Jamieson, global head of circular economy solutions at SAP. “By disincentivising the use of unsustainable materials, the government is at the same time incentivising the market value of recyclable plastic, fostering a sustainable circular economy that will have global repercussions.”

Via EcoVadis

PET plastics producer Indorama Ventures has announced a partnership with chemical recycling specialist Carbios as it looks to scale the company’s proprietary technology at the former’s site in Longlaville, France.

The goal is to establish the world’s first industrial-scale enzymatic recycling plant for plastics and textiles, which is expected to cost more than €200 million (US$225m) and boast a processing capacity of more than 50,000 tonnes of post-consumer PET per annum. 

“With this first medium-sized plant, we want to become the world reference for the circular economy of plastics and textiles,” noted Carbios’ chief executive, Emmanuel Ladent. “This plant will pave the way towards international commercial and industrial deployment.” 

Via EcoVadis