The Plastic Storm: Ocean Plastic Waste Brewing Tidal Wave of Consumer Activism and Increased Industry Uncertainty, IHS Markit Says
IHS Markit Ltd. Common Shares (INFO)
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Source: Business Wire
Rapidly changing consumer expectations for plastics and increasing regulations or bans creating market challenges and disconnects for producers HOUSTON--(BUSINESS WIRE)-- The growing global plastics sustainability movement is one of the biggest potential disruptors for the plastics industry and is putting future plastics resin demand and billions of dollars of industry investments at risk. Sustainability efforts around plastics will, in fact, have significant implications for the entire petrochemical value chain, extending to feedstock markets, according to initial research from IHS Markit (Nasdaq: INFO), the global business information provider. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20181008005060/en/ Global plastics usage and waste generation. (Source: IHS Markit) The study, Plastics Sustainability - A Sea Change: Plastics Pathw
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