Innovation and R&D:
Partnership agreements support innovation and R&D activities for sustainable plastic production. When two or more companies come together and pool their resources, it accelerates the process of finding faster and more effective solutions. Partnership agreements can focus on developing new materials, recycling technologies, and sustainable production processes. This way, the plastic industry can progress with more environmentally friendly products and manufacturing methods.
Recycling and Waste Management:
Partnership agreements also play a significant role in recycling and waste management. Companies can join forces to establish recycling facilities, improve the collection and processing of waste plastics, and increase recycling rates. Partnership agreements can also support projects aimed at preventing plastic waste from entering nature and combating issues such as plastic pollution in oceans through collaborative efforts.
