February 18, 2025 15:05
With the backing of the Global Impact Coalition (GIC)—a CEO-led collaborative platform driving the chemical value chain toward a net-zero future—six major plastic producers and a recycler (BASF, Covestro, LyondellBasell, Mitsubishi Chemical Group, Sabic, Suez, and Syensqo) have launched a pilot project aimed at recovering plastic materials from end-of-life vehicles (ELVs) and recycling them in a closed-loop system, ensuring a "car-to-car" circular economy.
