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.
Steel Drum LinerOctober 27, 2023The steel drum liner is a specially designed bag used as an interior lining for steel drums. It offers a convenient and effective solution for storing and transporting various types of materials. This...view
Registration Officially Started! Germany METPACK International Metal Packaging ExhibitionJuly 1, 2022The triennial German METPACK international metal packaging exhibition is scheduled to be held in Essen from May 2 to 6, 2023.METPACK is one of the most important global gatherings in the metal packagi...view
MySteel: The Price Of Steel Went Up-1July 1, 2022In March, the production of tinplate may decline compared with the same period last yearAs of the beginning of this month, the survey data of 26 tinplate coil production enterprises monitored monthly ...view
What Is the Importance of Steel Drum Liner Bags?June 25, 2023Steel drum liner bags are a very important part of the transportation process. Here are some important reasons why steel drum liners are used when you are putting goods in steel drums for shipping pur...view
Why Do Steel Drum Bung Use R-Type Plug Barrel?April 10, 2023Standard steel barrels have a plug barrel made of steel. A gasket is designed at the cylindrical neck of the plug, just under the edge. Due to these designs, when the plug is tightened, the gasket may...view
The Dilemma Of Low Profit For Bottle CapsJuly 4, 2022As an integral part of the packaging bottle, the bottle cap mainly plays the role of sealing. Although the bottle cap is small, there are many types, covering a wide range of food, beverage, medicine,...view
EN
ko 
fr 
de 
es 
it 
ru 
pt 
ar 
vi 
th 
