Problem: The world faces a global plastics pollution crisis, especially given that most petroleum-based plastics do not degrade. It is, therefore, harmful to many living organisms. Approximately eight million tonnes of single-use plastics end up in the ocean annually. Worryingly, South Africa is listed among the top 15 countries in the global mismanagement of plastic waste, and continuation of this practice is expected to increase the overall plastic waste in the country by 2% in 2025.
Solution: Government legislation promotes the circular economy and
bio-based incentives as strong drivers towards the production and manufacturing of bio-based products. Retailers are looking for eco-friendly packaging solutions, while customers want to buy products with a minimum impact on the environment. This can be achieved through the conversion of agro-waste residues to value- added, bio-based products.
Benefits: Benefits include a partnership for industrialisation as South Africa and the BRICS countries can sign licensing agreements for use of the technology. Local manufacturing and increasing competitiveness of local businesses.
For more information, please contact:
Mr. Martin Sanne