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The Rise of Sustainable Polymers & the Circular Plastic Economy

Across the globe, concerns about the climate and environment are higher than ever before. Sustainability is fast becoming a corporate imperative. In the plastics industry, demand for sustainable polymers is on the rise.

As a company that embraces innovation, LCY is committed to reducing carbon footprint and maintaining plastics usage through the development of sustainable plastics.

One of the many ways LCY contributes to sustainability in the plastics industry is by driving the circular plastic economy through the development of circular polypropylene (PP). By advancing plastic recycling technologies to produce this form of sustainable polymer, LCY reduces carbon emissions and plastic waste, supporting the green revolution.

Technology & Innovation in the Sustainable Plastics Industry: Market Presence of Circular PP

As a widely used plastic, the PP market is highly competitive and has historically focused on linear economic models where the feedstock is converted into products, sold and eventually discarded as waste. However, LCY has redefined this process and moved to a circular plastic economy approach where feedstocks are continuously recycled and reused in the production process.

With increasing global policies requiring a certain percentage of recycled content in plastic products to promote recycling and reuse, the application of circular PP continues to grow, particularly in the automotive industry.

In the automotive sector, where calculating the carbon footprint of manufacturing processes is critical, circular PP stands out as having the lowest carbon footprint compared to other plastics. As a result, manufacturers are increasingly choosing this form of sustainable polymer as an alternative to other plastics. Circular PP is also widely used in building materials, such as roofing material.

In addition to the automotive and construction sectors, LCY is also expanding its presence in the sporting goods sector. Given the higher value of end products in this sector, customers are willing to use a more expensive feedstock to guarantee product quality. For LCY's customers, demonstrating the environmental value of sustainable polymers to the end users can enhance the overall brand image.

Aside from circular PP, LCY is also attentive to the market's ongoing emphasis on renewable PP. Derived from plant-based materials or other waste streams such as discarded fruit peels and straws, renewable PP is converted into propylene for PP production.

Vision & Future: Strategic Partnership for Global Expansion in Sustainable Polymer Applications

To further expand its business and diversify its product line, LCY recognizes the need to establish stable partnerships with suppliers. In addition to existing partnerships in Taiwan, LCY is also focusing on market dynamics in the Greater China and Southeast Asia regions to identify suitable collaborators.

LCY's circular PP solution not only ensures a high-quality source of recycled material but also actively adopts globally recognized certification standards. With certifications such as GRS and TUV already in place, LCY ensures stable quality and properties that meet the performance requirements for its circular PP.

In addition, LCY is furthering discussions with brand owners to explore other potential and scalable applications for its products. By combining front-line demand with LCY's robust R&D capabilities, the company continues to introduce competitive circular PP solutions that meet market needs and trends for future applications.