ICIS - chemical podcasts
Episode 1282: Think Tank: Plastics industry must find way forward after collapse of UN treaty talks
Dec 3, 2024
Nigel Davis, a member of the ICIS market development team, and Paul Hodges, chairman of New Normal Consulting, dive into the pressing issues facing the plastics industry following failed UN treaty negotiations. They discuss the critical need for effective plastic waste management and how consumer demand will shape future practices. With a shift towards localized solutions and better recycling technologies, the duo emphasizes reconnecting chemical companies with brands and consumers to move beyond the current recycling crisis.
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Quick takeaways
- The recent failed UN treaty negotiations underscore the urgent need for innovative solutions in plastic waste management driven by consumer demand.
- Chemical companies must enhance their connection with brands and consumers to shift towards more sustainable practices amidst changing regulations on plastics.
Deep dives
Negotiation Failures Affecting Plastic Waste Control
Recent negotiations aimed at establishing a global treaty to reduce plastic waste ended without consensus, primarily due to opposition from oil-producing nations concerned about limits on plastic production. While there is widespread acknowledgment of the severe implications of plastic pollution, varying opinions on how to address the issue have stalled meaningful action. Experts emphasize that significant progress is necessary, and stakeholders must engage in robust dialogue to effectively combat plastic waste. The complexities of the negotiation process reveal strong differences in opinion among over 100 participating countries, hindering a unified approach to reducing virgin plastic production and subsequent ocean pollution.
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