Success Story

Circular economy in the chemical industry

Service

Industry

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Due to its widespread international activities in the production and distribution of chemical products, the client was seeking guidance on their global contribution to the Circular Economy. As the client is involved in various value chains, it wanted to understand its impact on the automotive, energy and construction sectors.

Our solution

To better understand the client’s role in the Circular Economy a total of 11 product applications in the three above-mentioned sectors were chosen and evaluated in various aspects of the Circular Economy (e.g. reduction of waste, reusability, product longevity, etc.). The outcome of the assessment showed strengths and improvement potentials in terms of circularity on the product and value chain levels.

Client benefit

Thanks to the outcomes of the project, the client was able to create awareness of its role in the global Circular Economy in different value chains. Furthermore, the assessment helped to identify strengths in terms of product circularity as well as improvement potentials and barriers to overcome in the transition to the Circular Economy.

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