"Innovative plastics make modern life possible, but even the most beneficial product can be harmful if it is misused -or disposed of improperly," said Yousef AI-Benyan, SABIC CEO. "Consumers, governments and the business community alike are searching for ways to address this challenge. We wanted to make clear that the global community of companies that produce and use plastics can and must be part of the solution." The Alliance will be a stand-alone, not-for-profit organisation composed of companies from across the plastics and consumer goods value chains including chemicals, plastics and consumer goods producers, retailers, converters and waste management companies. The Alliance will work with governments, multilateral institutions, companies, non-government organisations and communities to support investments and programs over the next five years to help eliminate plastic waste in the environment and drive progress in four key areas: 1 Infrastructure development to manage waste and increase recycling 2 Innovation to develop and bring to scale new materials and product designs that can minimise waste and new recycling technologies that can create value from all post-use plastics 3 Education and engagement of governments at all levels, communities, businesses and individuals to enlist them in the movement to help end plastic waste in the environment 4 Clean up of concentrated areas of waste in the environment, particularly the major conduits of waste that carry land-based waste to the sea like rivers "SABIC's involvement in the Alliance reinforces our long-held commitment to sustainable development," said AI-Benyan.
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