2026.05.25
Recycling plastics from end-of-life vehicles: the technology works — but the real challenge is commercial viability
A pilot run by the Global Impact Coalition — a coalition of BASF, Covestro, LG Chem, LyondellBasell, Mitsubishi Chemical Group, SABIC, Suez and Syensqo — confirms that plastics from end-of-life vehicles can be technically recovered and processed. The main barrier, however, is not technology: it is economic coordination and the absence of a functioning value chain across all actors involved.
2026.05.24
Global chemical industry takes first concrete step to close the loop on end-of-life vehicle plastics
The Global Impact Coalition (GIC), a CEO-led organisation of major chemical companies, has published the results of the first phase of its "Automotive Plastics Circularity" project in May 2026: plastics from end-of-life vehicles can be technically recovered and processed at scale, but commercial viability remains the industry's primary challenge.