The circular economy concept is a method of production and consumption which, through sharing, leasing, re-use, repair, refurbishment or recycling, enhances existing products, raw materials and materials. This extends the life cycle of products and minimizes waste. When the product itself can no longer be used, raw materials and components are used to create additional value for the economy.
Reducing greenhouse gas emissions
Return of recycled materials to circulation
Closing the resource cycle leading to savings in primary raw materials