Lately, ELIX Polymers, a subsidiary of Sinochem International, presented its 2021 Sustainability Report, which mainly describes the progress made by ELIX Polymers in promoting circular economy for plastics and mitigating climate change, as well as its efforts in consolidating and building a more socially responsible supply chain. The report has been prepared in accordance with the Global Reporting Initiative (GRI) standards.
E-LOOP is the brand name for responsible innovation and circular plastics that contain raw materials obtained from mechanical and chemical recycling and integrates solutions already validated and selected by customers for different applications. The objective of ELIX Polymers is to ensure that 25% of the solutions provided incorporate a sustainable benefit in 2025 and become key agents in the circular plastics industry, with the ability to create closed cycles and new business models.
In order to reach the goal of reducing its environmental footprint by 15% in 2025 above 2017, ELIX Polymers continues to make headway in carbon neutrality. While implementing renewable energy technologies as well as circular economy and carbon offset strategies, it aims to reduce greenhouse gas emissions and the water footprint by taking advantage of the potential of energy efficiency and waste management measures.