The financial opportunity of a circular economy by removing hazardous chemicals from waste flows

a pipe discharges water into a beach environment

Chemicals often need to be removed from the products before plastics or textiles can be recycled. This is not always feasible or cost-effective. It is more cost-effective to avoid using such chemicals in the first place than try to remove them once the products enter the waste streams.

The purpose of this report, commissioned by ChemSec, with financial support from the Laudes Foundation, was to highlight the opportunities available to business from the removal of hazardous chemicals contained within these products. The report also contains a discussion on the technological and legislative challenges of tackling the problem of plastic and textile waste in the environment. 

eftec, in collaboration with partners Logika Group, carried out the analysis of financial opportunities available to EU businesses from the upfront removal of chemicals of concern from plastics and textiles entering the waste streams. Visual representation of these financial opportunities is provided in the report, via charts, comparing various financial opportunities for growth over the period of 2020 to 2050 – based on chemicals being removed from production and certain legislation being introduced.

Click here to access the report