What Is the Meaning of the Circular Economy for Us?

Apr 23, 2021 | News

Surely you have also noticed this term or its synonym circularity. It often appears in connection with ecology and is also one of the pillars of sustainability for the Chemosvit group. We believe that this is the way to sustainable development not only of the national economies, but also of manufacturing companies.

 

Circular Economy and Its Benefits

 

The current economy is linear, where products are made from raw materials and thrown away after use. However, the circular economy is coming to the fore. It represents a model, the essence of which is the recycling and reusing materials and products. Thanks to this, the amount of waste generated can be significantly minimized.

 

Its other advantages are undoubtedly eliminating the use of non-renewable resources, reducing the impact on the environment, increasing competitiveness or promoting innovation.

 

The trend towards a circular economy is also present at the EU level. Last year, the European Commission adopted the Circular Economy Action Plan that sets out several objectives. These include reducing waste, making sustainable products the norm in the EU, or focusing on the sectors that use the most resources and have a high potential for circularity.

 

These include sectors, such as electronics and ICT, batteries and vehicles, construction, but also packaging and plastics. Since we produce packaging, we see an opportunity for change. And we are already taking steps to make it happen.

 

Circular Economy and Its Benefits

 

The current economy is linear, where products are made from raw materials and thrown away after use. However, the circular economy is coming to the fore. It represents a model, the essence of which is the recycling and reusing materials and products. Thanks to this, the amount of waste generated can be significantly minimized.

 

Its other advantages are undoubtedly eliminating the use of non-renewable resources, reducing the impact on the environment, increasing competitiveness or promoting innovation.

 

The trend towards a circular economy is also present at the EU level. Last year, the European Commission adopted the Circular Economy Action Plan that sets out several objectives. These include reducing waste, making sustainable products the norm in the EU, or focusing on the sectors that use the most resources and have a high potential for circularity.

 

These include sectors, such as electronics and ICT, batteries and vehicles, construction, but also packaging and plastics. Since we produce packaging, we see an opportunity for change. And we are already taking steps to make it happen.

 

CONTACT US

Contact

CHEMOSVIT, a.s.

Štúrova 101
059 21 Svit
Slovak Republic

tel: +421 52 715 1111-2
fax: +421 52 715 2740

e-mail: info@chemosvit.sk

The company is registered in the Commercial Register of the District Court Prešov, Section: Sa, File No. 136/P

Company registration number:
31 671 047
Tax identification number: 2020516861
VAT identification number: SK7020000273

GPS coordinates:
N49.056930°, E20.196140° (cars)
N49.058426°, E20.184921° (trucks)