So far, most chemical recyclers have been working with polyolefins, which are also easy to process in mechanical recycling. Why are they not looking at more complex plastics?
Renner: Companies are currently going for material streams that provide a realistic expectation of generating profit in the medium term. You don't start with the most difficult materials and invest heavily in plants, without knowing whether you can use them economically or market them. The technology is not the problem; rather, you have to build up capacities and develop the raw material flows step by step. Of course, in chemical recycling you can also process complex material flows and achieve high qualities, but the effort required for fractioning is much higher. And as long as the raw material oil is cheap, this makes little economic sense.
What is the role of politics in this conflict situation?
Renner: We have well-established and highly efficient value chains in the plastics industry. If it is to be transformed into a well-functioning circular economy, this cannot be done without political guidelines. After all, it is a completely new economic system. Now the chicken and the egg dilemma comes into play, whereby politicians don't want to regulate too much, to prevent the market going bust before something new comes along. But a new market will only emerge if there are legislative guard rails in place, because it is not economically self-explanatory. That's where we’re at right now. We have to be aware that the transformation is a process that will take years, if not decades.
What does that mean in concrete terms?
Renner: Here, too, there are no simple rules of thumb. But regulation should definitely be product group-specific. You have to consider step by step what is possible, sensible and feasible for the relevant industry and products, and no specific technologies should be prescribed or favoured either. For example, mechanical and chemical recycling should not be considered separately, but together. This also includes the mass balance procedure. Customer groups that want genuine recycled content must be provided specifically with this plastic. For other - 3 - customer groups, it may be quite sufficient to state on a mobile phone shell that it has been mass-balanced recycled to X percent.
Will the circular economy be a success?
Renner: That depends on the value we place on defossilisation. From a purely economic point of view, it would make more sense to leave highly efficient linear value chains as they are. But if combating climate change is very valuable to us, we must also be prepared to change our behaviour and accept the cost. Implementing the circular economy will cost trillions, but it also offers immense economic opportunities. The various recycling processes, sorting processes, and marking processes are pioneering future technologies – which can be exported internationally as a system. It will then suddenly become a very positive overall concept. You invest, but you will also open up significant international markets. This represents a great opportunity for German companies across a wide range of sectors.