Growing public awareness of the need to reduce environmental impacts will continue to open new possibilities across value chains towards circular economy applications. The circular economy inspires SABIC to adapt our processes to the use of renewable and recycled feedstock, and to create durable, recyclable product design solutions for our customers.
Through TRUCIRCLE™, SABIC has deepened our commitment to the circular economy and developed a framework through which we rethink how we do business. TRUCIRCLE™ comprises two overarching initiatives: Portfolio and Services.
PROGRESS OF TRUCIRCLE™
- We are the first chemical manufacturer in the world to achieve UL 2809 Environmental Claim Validation Procedure (ECVP) for recycled content for ocean-bound plastics in China. The ocean- bound material is mechanically recycled, compounded, and converted into components for new consumer goods and electronics applications, such as TV remote controls and electronic razors.
- In 2021, we introduced a booster grade based on SABIC’s proprietary metallocene catalyst for flex packaging applications.
- Our Gen 2 LNP™ ELCRIN™ iQ resin for upcycling waste PET single use water bottles into PBT with virgin-like physical performance and colorability enables the circularity of a wide variety of recycled PET streams including flexible PET film, rigid PET packaging such as colored PET bottles and ocean bound PET, among others.
- Over 100 million single-use PET beverage bottles have already been diverted from waste streams since the first ELCRIN iQ resin sales in 2019, and we anticipate diverting approximately 10 billion PET bottles by 2030.