Circular Economy– An Intangible Approach To A Sustainable Future

 

Circular Economy

The ever-growing population when clubbed with the extravagant demand of goods and products results in astounding volumes of different materials that go to waste, not to mention it has an everlasting adverse impact on air, soil, and water pollution if it is not collected and put to recycling process. This activity triggers a traumatic domino effect on human beings and the health of the ecosystem. Albeit the unfavorable effects of this linear consumption cycle are noted thoroughly, sustainable production, supply and efficient use of resources also represent global challenges that need to be tackled.

Fortunately, a highly promising solution to the problem of waste is the development of a Circular Economy. A Circular Economy is an economic model which maximizes the utilization of the materials extracted from nature. Each non-biodegradable material is used, reused, recycled, and remade in order to diminish the detrimental effects on the environment. Whereas, in a Linear Economy, the lifecycle of the product is clearly defined and not subject to change, this goes as: extract raw materials, transform, sell, consume and finally discard.

Read More

Comments

Post a Comment

Popular posts from this blog

Ashok Chaturvedi sheds light on recyclability of multi-layer mixed Plastics (MLP)

 Ashok Chaturvedi, Chairman and Managing Director, UFlex Limited, recently released a report on recyclability of Multi-Layer mixed Plastic (MLP) waste at an event organised and hosted by Plastic Packaging Research and Development Centre (PPRDC). On this occasion, Ashok Chaturvedi, CMD, UFlex Ltd ., released a study report on Recyclability of Multi – Layer mixed Plastics. “At UFlex, we have always taken the lead in developing sustainable packaging solutions for our clients and for facilitating discussions with brand owners and regulators around recyclability of multi-layer mixed plastic waste. As a global leader in packaging, we have made significant investments in recycling facilities across our global locations to demonstrate the various applications of MLP waste. UFlex runs an advanced injection moulding facility at its Noida site and this was established to recycle granules and to demonstrate various possibilities to the moulding industry. Today, decorative, functional, engineer...
Read more

Uflex Posts Highest Ever Quarterly Production Volume; Robust Net Revenue for Q2FY18-19 Backed by 10.6% Y-O-Y Surge in Sales Volume

Image
  03 November 2018, Noida, Uttar Pradesh(India): India’s flexible packaging giant, Uflex Limited reported 10.6% increase in overall sales volume on year-on-year basis, thereby achieving highest ever consolidated net revenue of INR 2020.8 crore for the quarter ended 30 September 2018. The consolidated net revenues showed a jump of 26% from INR 1603.8 crore in the same quarter last fiscal. Uflex also achieved the highest ever quarterly total production volume of 102442 MT. The consolidated EBITDA for Q2FY18-19 increased by almost 12% Y-O-Y to INR 264.6 crore from INR 236.5 crore. The consolidated net profit for Q2FY18-19 at INR 95.7 crores was higher by 1.5% Y-OY. Commenting on the earnings, Rajesh Bhatia, Group CFO at Uflex Limited said, “In the flexible packaging industry, a reliable indicator of growth is volume which conspicuously reflects the demand of the company’s products. The overall sales volume grew by 10.4% to 79992 MT for Packaging Films and 11.6% to 21089 MT for Packagi...
Read more

Rotogravure or Flexography Printing?

Image
  Picking sides in this case won’t be easy and straightforward!!! Both Flexographic and Rotogravure printing technologies are well established in their own stature and have their fair shares of advantages and disadvantages. Let’s try and understand the principle of Rotogravure and Flexographic Printing Technology! Gravure printing is a type of intaglio printing process; i.e., it involves engraving the image onto an image carrier. In rotogravure printing the image is acid-etched on the surface of a metal cylinder—one cylinder for each color—in a pattern of cells. The cells are recessed into the cylinder, unlike relief printing or letterpress where the printing image is raised, or like offset printing, in which the image is level with the plate. The cylinder is etched with cells of different depths. These cells hold the ink that is transferred to the substrate. The dimensions of the cells must be precise because the deeper cells produce more intensive color than shallow cells. Read M...
Read more