Plastics have become an indispensable part of modern life. Although in many people’s perceptions plastics are linked to waste, they play a major role not only in delivering and sustaining the quality, comfort and safety of modern lifestyles but also in contributing to addressing crucial global challenges such as climate change, access to healthcare, food, water, sanitation and energy as well as waste reduction and resource efficiency.
Borealis’ Value Creation through Innovation strategy drives its continuous efforts in providing innovative materials for sustainable pipe systems, reliable energy networks, advanced food preserving packaging, leading edge healthcare and automotive solutions.
Keeping global warming under control is amongst the most crucial challenges the world is facing today. Although energy intensive in its production process, plastics prevent 5-9 times more CO2 during their use phase than emitted for their production.
The world needs more energy. By 2030, it is projected that global energy demand will grow by more than 50% whilst more than 1.4 billion people will have no access to electricity at all. Massive investments will have to be made to modernise existing power grids and secure energy supplies worldwide.
In a world of seven billion people which will increase to over nine billion by 2050, wasting food makes no sense – economically, environmentally or morally. Plastic packaging can make a substantial contribution to protect and preserve food during all processing stages, from farm to fork.
The world is facing severe water shortage problems. Climate change, growing populations, unsustainable water practices and an unbalanced resource distribution combined with outdated infrastructure are putting lives and the environment at risk.
As the world's population grows in number (predicted to reach nine billion in 2050), it is also ageing. The challenge here is the need for more accessible, convenient and safer medical applications.
At the end of their life, plastics are a too valuable a resource to be thrown
away. They can be recycled back into their original forms or a new product and where this is not possible or
not sustainable, they can be used for energy recovery as a substitute for virgin fossil fuels.