Chemical Recycling
Advanced recycling technologies like chemical recycling and plastic waste dissolution are gaining traction, driven by regulatory pressure and the limitations of mechanical recycling. These methods allow for the recycling of previously unrecyclable plastics, like multilayer packaging, into valuable feedstocks. Industry collaboration is key to securing funding and advancing these technologies. While the apparel industry has shown a strong focus on recycling in recent years, with terms like "recycling" and "reuse" trending in company filings, 2024 saw a slight decline in their usage. However, significant projects like ASICS' closed-loop running shoe and Carbios' participation in Paris Good Fashion demonstrate the continued importance of recycling in the sector.
