Circular economy theory incorporates many traditional elements of sustainability, but its main focus is on business activity and demand. In every aspect of its planning and implementation, its proponents have been careful to use profitability as a key metric.
According to the World Economic Forum, the world is expected to add 3 billion new middle-class consumers by 2030, and a new development model is needed to ensure businesses find new ways to meet "unprecedented demand for goods and services." This hypothesis, add to climate change and rising global commodity prices for long-term deepening concerns, he thinks, is now a global business time to rethink the industrialization of the linear method (sometimes referred to as "take not take" the economy) and "to restore or regeneration" by intent and design of the industrial system to replace it.
The core principles of circular economy are:
1. Sorting out the waste while optimizing the disassembly and reuse. The more the product is used in its original form, the greater the cost savings and environmental benefits. Recycling and processing systems require a lot of energy and labor.
2. Distinguish between consumable components and durable components. Use non-toxic and/or biodegradable components and design durable materials related to the product (e.g. packaging, engine, etc.) for reuse.
3. Use energy in a sustainable way, using renewable energy wherever possible. Reducing energy dependence can also reduce the risk of price volatility and material shortages.
The idea is to eliminate all waste, not only in production practices, but at every stage of the production and distribution process.
Short comments: the circular economy is the key point we should chase in the future, the drum packaging accessoires are also can be reused to some extent.
Simulation Design Of Metal Packaging ContainerJuly 1, 2022CAM (Computer Aided Manufacturing), also known as computer-aided manufacturing technology, is the use of computer aids to complete the production process from product return, processing to assembly pr...viewThe Versatility, Applications, and Future Development of Steel BarrelsApril 28, 2023Steel drums, also known as 55-gallon drums, are widely used in various industrial applications due to their durability, versatility, and cost-effectiveness. In this article, we will explore some commo...view
Please Keep These Points in Mind When Handling Dangerous Chemicals!July 1, 2022On June 12, a vehicle leaked while unloading methyl formate from Sanqiang Xingxing Chemical Trading Co., Ltd. in Guiyang, Guizhou province, killing eight people and injuring three others, once again a...view
Strengthen The Cost Management And Control Measures Of Steel Drum Packaging EnterprisesJuly 1, 20221. Strengthen all staff cost management awarenessIn the enterprise cost control and management should follow the principle of people-oriented, enterprise staff's comprehensive quality, cost manage...view
Tangshan Steel City Piaohong, Steel Prices Still Have Room To Rise Next WeekJuly 1, 2022This week the spot market as a whole mainstream price shock up.With the performance of raw materials and futures, the spot market mentality was boosted, coupled with the actual transaction performance...view
Drum Covers and Lids Buyer's GuideJune 30, 2023Before choosing wholesale drum covers and lids such as a 55 gallon drum cover or 55 gallon drum lid, know where your drums are to be stored, outside or inside. Storing drums outside the plant saves va...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
