People, planet, profit – ensuring the sustainability of the Multicycle process
The emerging MultiCycle proposition will be thoroughly evaluated, not just at at the technical level, but for its sustainability in development and implementation across the board.
Led by specialists in the field at Vertech Group, environmental, social and economic assessments are being undertaken using recognized best practice approaches: Environmental Life Cycle Assessment (LCA) to ISO 14040/14044 guidelines, Social LCA (S-LCA) for social and socio-economic aspects, and Life Cycle Cost Analysis (LCC) of both capital and operations. The full details of the scope and system boundaries being applied to the project’s LCA, S-LCA and LCC assessments have now been established.
An integrated evaluation of the techno-economic-environmental feasibility of the proposed process and plant evaluated, will generate recommendations for future up-scaling and help inform policy recommendations.
To help overcome the challenge of complexity in multilayer plastics and fibre reinforced composites and stimulate steps towards a Circular Economy model, a strategic approach is required to improve recycling and foster reuse. A whole value chain based decision support tool will be be developed by AXIA Innovation based on an advanced multicriteria optimization model allowing
- Development of efficient networks depending on plastic waste properties and characterization
- Local circular business model opportunities and logistics stategies to be identfiied
- Informed decision making about which circular paths to pursue based on simulating materials over several life cycles and trade offs between amounts recovered and performance.
