How we are turning Germany into a center of innovation
From electric cars to smartphones, from spectacle lenses to solar panels - plastics are omnipresent and indispensable in our everyday lives.
However, it is regrettable that a large proportion of these valuable resources still end up as waste after use.
Currently, only a third of plastic waste from German households is recycled, and only around eight percent of all plastics come from recycled materials.
I am convinced that there is enormous potential here. I therefore welcome the introduction of the long-prepared National Circular Economy Strategy for Germany.
The openness towards innovative technologies is particularly positive. Chemical recycling in particular, which can significantly increase the recycling rate of plastics, deserves greater attention and support.
At Covestro, we are involved in forward-looking international collaborations in this field. Our goal is to establish the circular economy as a global guiding principle and to position Germany as an 'innovation center for green technologies'.