As legislators introduce more EPR bills, an influx of attention is likely to be on closed-loop programs as a form of product end-of-life management. Frequently associated with the idea of a circular economy, closed-loop programs function to reuse existing materials. “A circular economy is an industrial system that is restorative or regenerative by intention and design” World Economic Forum defines. Green Matters breaks …
Circular Economy Trends in 2021
One of Fast Company’s recent articles discusses circular economy in trends in 2021— let’s talk about some of them. First, a vocabulary lesson. Closed loop is the process of reclaiming used materials and reusing them in new products. For example, Petoskey Plastics does this when we partner with customers to collect their used plastic. We take it to our recycling facility in …