This year’s Global Plastics Summit revealed an industry that sees big growth ahead but also serious challenges, from plastics in the ocean to climate impact.
One by one, they stepped to a clear plastic lectern at the Global Plastics Summit here and talked about what their companies were doing in response to the world's crisis in plastics waste.
Representing businesses all along the supply and packaging chain, the speakers suggested solutions ranging from new technology that would take plastic back to its molecular building blocks for repeated recycling to redesigning plastic bottles with caps that stay connected to the bottle.
But none of that is happening fast enough to keep pace with the global production of plastics, an analyst from IHS Markit told some 270 people attending the 2019 Global Plastics Summit.
IHS Market, a co-host of the conference, expects plastics production to grow on average 3.5 to 4 percent per year through at least 2035.