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.
Development of Steel Drum Industry in Different RegionsApril 10, 2023Japan (JSDA)Approximately 85% of steel drums in the Japanese market are used for chemicals. The Japan Steel Drum Association (JSDA) participated in TOKYO PACK 2022 exhibition for the first time to str...view
Basic Classification and Introduction of Waterproof CoversNovember 10, 2023This is the bucket cover seal from Chongyi Industries, also known as waterproof cover.First of all, thank you for reading today's tweet. Today's featured product is mainly the bucket cover sea...view
New Green Joins Hands With The Domestic Top Robot ESTUNJune 30, 2022The notice of the State Council on printing and distributing the carbon peak action plan before 2030 also puts forward the carbon peak action for industry. This promotes green and low-carbon developme...view
1.325 Billion Tons! In 2020, China's Steel Output Hit A New High!July 4, 2022On February 5, the Ministry of Industry and Information Technology announced the operation situation of the steel industry from January to December 2020. According to the published data, from January ...view
The Development Trend and Use of Closed Steel DrumsAugust 7, 2023With the further deepening of China's opening up to the outside world, the national standard steel drum has been restricted in export packaging. In recent years, a number of steel drum enterprises...view55 Gallon Drum: The Ideal Choice for a Multi-Purpose ContainerJune 5, 202355-gallon drum, also known as a steel drum, is a versatile container that is widely used in different fields. It is made of high-quality plastic or metal, and has the characteristics of durability, re...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
