Email Us

Industrial Packaging Is A Model Of Circular Economy Principles

Industrial Packaging Is A Model Of Circular Economy Principles

Circular economy theory incorporates many traditional elements of sustainability, but its main focus is on business activity and demand. In every aspect of its planning and implementation, its proponents have been careful to use profitability as a key metric.

According to the World Economic Forum, the world is expected to add 3 billion new middle-class consumers by 2030, and a new development model is needed to ensure businesses find new ways to meet "unprecedented demand for goods and services." This hypothesis, add to climate change and rising global commodity prices for long-term deepening concerns, he thinks, is now a global business time to rethink the industrialization of the linear method (sometimes referred to as "take not take" the economy) and "to restore or regeneration" by intent and design of the industrial system to replace it.

The core principles of circular economy are:

1. Sorting out the waste while optimizing the disassembly and reuse. The more the product is used in its original form, the greater the cost savings and environmental benefits. Recycling and processing systems require a lot of energy and labor.

2. Distinguish between consumable components and durable components. Use non-toxic and/or biodegradable components and design durable materials related to the product (e.g. packaging, engine, etc.) for reuse.

3. Use energy in a sustainable way, using renewable energy wherever possible. Reducing energy dependence can also reduce the risk of price volatility and material shortages.

The idea is to eliminate all waste, not only in production practices, but at every stage of the production and distribution process.

Short comments: the circular economy is the key point we should chase in the future, the drum packaging accessoires are also can be reused to some extent.

Popular Drum Accessories and Fittings

Related Drum Accessories and Fittings News & Blog

  • Characteristics Of NylonCharacteristics Of NylonJuly 1, 20221. High mechanical strength, good toughness, high tensile and compressive strength. The specific tensile strength is higher than that of metal, and the specific compressive strength is equal to that o...view
  • Polish Steel Mills Are Pinning Their Hopes On Wind PowerPolish Steel Mills Are Pinning Their Hopes On Wind PowerJuly 1, 2022Poland must accelerate investments into on shore wind energy capacity, as it is the only viable power source for the domestic steel industry until green hydrogen becomes available beyond 2030, accordi...view
  • Guide to Drum ClosureGuide to Drum ClosureApril 2, 2022Guide to Drum Closure Drum Closure: drum closures are available in both metal closure and plastic bungs.?zinc plated drum closure-zinc plated drum closure are galvanized with CR3+ or CR6+ for anti-ru...view
  • How To Solve The Problem Of Scrap Iron When Trimming The Edge Of Stamping DieHow To Solve The Problem Of Scrap Iron When Trimming The Edge Of Stamping DieJuly 1, 2022When stamping die trimming, there will generally be the phenomenon of dropping iron chips, especially around the waste knife of the lower die.Iron chip removal not only seriously affects the product q...view
  • Urgent Notice! 15 Grade Typhoon CANDU About To Land, Port Closed!Urgent Notice! 15 Grade Typhoon CANDU About To Land, Port Closed!June 30, 2022At 06:00 on September 13, the Central Meteorological Observatory continued to issue orange typhoon warning.At 5 a.m. yesterday (13th), the center is located in the sea about 185km southeast of Xiangsh...view
  • Types, Functions And Materials Of Transport PackagingTypes, Functions And Materials Of Transport PackagingJuly 1, 2022According to the level of packaging, one-piece packaging: also known as small packaging, individual packaging, is used to pack the packaging of goods, usually and commodities form a whole, in sales di...view
No.58 Qinjian Road, Hengshan Industrial Park, Shouchang Town, Jiande City, Zhejiang Province, China