GLOBAL IMPACT COALITION
Mitsubishi Chemical Group, Moeve, SABIC, SUEZ and Syensqo – to tackle sustainability challenges that no single player can solve alone.
The coalition’ s strategy is to drive pre-competitive collaboration, pilot innovative solutions and build the business case for investment in lowcarbon pathways. Charlie explains that its approach focuses on:
• Driving pre-competitive collaboration to accelerate R & D and scale up key technologies.
• Piloting innovative solutions, including direct conversion and new methods for recycling plastics to unlock loweremission pathways for feedstock and energy use.
• Building the case for investment through technical assessments and showcasing viable business models.
“Sustainability and profitability are no longer at odds. In fact, they are increasingly interdependent”
CHARLIE TAN, CEO, GLOBAL IMPACT COALITION
“ Through these collective efforts, GIC aims to shift the chemical industry toward scalable, cost-effective and commercially viable net zero pathways,” says Charlie.
Applying circular economy principles to chemicals Chemicals are the backbone of modern life, so rethinking how they are produced is essential to enabling a circular economy.
Historically, the industry has depended on fossil fuels for both energy and feedstock. Circularity in the chemical industry requires a shift in sourcing, processing and reusing carbon.
This can be achieved through three main pathways: recycling plastic and other carbon-rich waste as feedstock for new materials; sourcing feedstocks from renewable resources such as biomass; and capturing CO₂ from the atmosphere or industrial processes for conversion into chemical inputs.
Charlie notes:“ At GIC, we’ re focused on scaling innovative technologies that can support the circular transition at speed and scale.”
Innovations in recycling and waste reuse One area of focus for GIC is advanced recycling, such as pyrolysis, which breaks down plastic waste into reusable chemical building blocks. Another promising innovation is direct conversion, a process that transforms municipal solid waste directly into monomers, which are key chemical building blocks.
GIC’ s Direct Conversion project, in collaboration with researchers