Collaboration and scale up to accelerate the transition to sustainable feedstocks for the future of chemicals and plastics
The chemical and plastics industries in Asia are experiencing a transformative shift towards sustainable practices. Driven by growing environmental concerns, stricter regulations and economic opportunities, the market for sustainable feedstocks like biomass and CO2 is witnessing significant growth.
However, scaling up the production and adoption faces several challenges. Ensuring a reliable and sustainable supply of feedstocks without compromising food security is a major concern. Cost competitiveness remains a hurdle, as sustainable feedstock-derived chemicals and plastics are often more expensive than traditional options. Additionally, infrastructure for feedstock collection, processing, and biorefinery technology needs further development across the region.
Despite these challenges, the opportunities are immense. Sustainable feedstocks offer a path towards a circular bioeconomy, reducing reliance on fossil fuels and minimising waste. Advancements in technology can bring down costs and improve the performance of chemicals and plastics.
Supportive government policies and investments can incentivise innovation and infrastructure development. By scaling up the adoption of sustainable feedstock. Asia can position itself as a global leader in creating a more sustainable chemical and plastics industry for the future.
Key highlights:
- Exploring novel feedstocks sources for chemicals and plastics and supply chain challenges
- How government and industry collaboration can assist in scaling up production
- Updates on biorefineries and chemical recycling projects
- Comparison of economics/incentives of using renewable feedstocks in the chemicals industry vs fuels for transportation sector
- Latest on innovative technologies and efficient conversion technologies
And many more.
The conference will share a half-day session with 16th Bioplastics Market conference which will take place on 17-18 Oct 2024. More details of that conference can be viewed here: https://www.cmtevents.com/main.aspx?ev=241024&pu=305173.
Hubung Penaja/Peserta Pameran
Ummu Hani
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