Earlier this year, Calgary-based NOVA Chemicals joined 27 global petrochemical producers to found the Alliance to End Plastic Waste with a combined initial investment of US$1 billion to advance solutions to reduce plastic waste in the environment.
JWN connected with NOVA Chemicals senior vice-president John Thayer to discuss the initiative for the latest edition of Alberta Oil & Gas Quarterly. Download your free copy here.
Why did NOVA Chemicals co-found the Alliance to End Plastic Waste?
Plastic waste in the environment is a large challenge. By working together with companies across the value chain, we can have the greatest impact.
How important is this issue for the petrochemical industry in Alberta and Canada?
Plastic products add great value to society, making everyday life healthier, easier and safer, but they do not belong in our environment.
We support the Canadian government as they work on the science to better understand the implications of plastics in the environment in
and we welcome the opportunity to be a part of the conversation to develop solutions that create a world free of plastic waste.
The issue of plastics in the environment is solvable and action by industry, government, communities and consumers is essential to bring about meaningful, systemic and permanent solutions to get and keep plastics out of our oceans and the natural environment.
Canada has the opportunity to take a leadership position by improving how plastic waste is managed and by investing in new solutions.
What is this initiative doing?
The Alliance has developed a global vision and a comprehensive, integrated strategy made up of four pillars:
- Infrastructure development to collect and manage waste and increase recycling, especially in developing countries;
- Innovation to advance and scale new technologies that minimize waste, make recycling and recovering plastics easier and create value from all post-use plastics;
- Education and engagement of governments at all levels, businesses, and communities to mobilize action; and,
- Clean up of concentrated areas of plastic waste already in the environment, particularly major rivers that that carry vast amounts of land-based plastic waste to the ocean.
What is NOVA doing as part of the initiative?
This investment demonstrates our commitment to a shaping a world that is better tomorrow than it is today and is part of our commitment to sustainability.
We’re already committed to and working on this issue. We recently announced our investment of nearly $2 million (1.5 million EUR) in Project STOP.