Onur Dursun (Frost & Sullivan) on Saudi’s plastic recycling opportunity

Onur Dursun (Frost & Sullivan) on Saudi’s plastic recycling opportunity

While plastics are essential to a large number of facets in life, they at the same time leave an undeniable impact on the environment. Onur Dursun from Frost & Sullivan explores the critical issues surrounding global plastic waste and sheds light on Saudi Arabia's remarkable commitment to sustainable solutions.

Since the invention of plastics in the early 1900’s, plastics have transformed industries and lifestyles. Used in almost every sector, including to produce packaging, in building and construction, in textiles, consumer products, transportation, industrial machinery, and household electronics, plastics today represent a massive $600+ billion global industry.

“Yet the environmental impact of plastics are stark”, says Onur Dursun, Senior Consultant Growth Advisory in the Chemicals & Materials practice of Frost & Sullivan. “The world faces a plastic waste crisis, demanding a shift towards sustainability and circularity in the plastics industry.”

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Worldwide, a growing number of initiatives are being deployed to curb plastic waste, with most of those focused on enhancing the circularity of the production chain, reducing waste, and removing plastic pollution from places such as oceans and streets.

According to Dursun, Saudi Arabia is committed to taking decisive action in the space. “With a pledge to invest 100 billion Saudi Riyals by 2035, the goal