What is the circular economy?
A circular economy is a systemic approach to economic development designed to benefit businesses, society, and the environment. In contrast to the ‘take-make-waste’ linear model, a circular economy is regenerative by design and aims to gradually decouple growth from the consumption of finite resources.
Over the last decades, there has been an ever-growing demand for plastics for various applications at home, in businesses and for industrial applications, leading to heavy utilization of natural resources. With less than 20% of these plastics being recycled back into the economy, most end up creating a massive amount of waste.
The world has come to the realization that this linear approach is unsustainable as it depletes finite natural resources while producing massive amounts of waste, increasing the effects of global carbon emissions and affecting the environment and animal life to detrimental consequences.
Effective Recycling solutions have been recognized by business leaders and policy makers as the biggest social and economic opportunities to undo the effects of decades of plastic waste through a sustainable circular approach that creates value by closing the loop between industrial manufacturing and the end user needs. The accelerating shift to circularity is driven by a number of factors.
1.The growing demand by the end consumer for environmentally friendly products, brands and services.
2.The adoption of the UN sustainable development goals by businesses and incentives from various governments
3.The need for chemical industry to adapt to dwindling natural resources and reduce their carbon emissions by designing products with a longer life cycle that can either be re-used of recycled.
4.Increasing regulatory pressure for reduced CO2 emissions from linear supply chains and adopt sustainable value chain cycles and though bans, quotas, taxation and extended producer responsibility policies.
5.Committing to using existing and new technologies that create or improve value throughout the circular economy
Since 2010, Vintz plastics has been at the forefront of making this shift happen through its recycling operations throughout Kenya. Working with stakeholders, partners, local communities, legislators, local authorities and manufacturers in global and local markets, Vintz plastics has fostered a collaborative environment to address these challenges and creating value through an eco-system of products and services aimed at processing end of life plastics into reusable raw materials for remanufacturing.
From high density industrial plastics to single use household plastics; our sorting and cleaning processes offer the foundation for new possibilities in manufacturing, developing synthetic fuels and innovative uses in the civil engineering and construction industries.
The investment in our eco system of recycling has enabled Vintz plastics to build a network of collection centers in Kisumu, Nakuru, Nairobi and Mombasa. This network provides direct employment to 500 employees while indirectly providing a livelihood for over 2,500 people throughout the value chain, empowering them with knowledge and skills to constantly increase the capacity of the facilities to handle different types of plastic waste. This in turn has enabled the company to focus in improving the recycling operations through repurposed equipment and innovative solutions to develop high value raw materials for a wide selection of clients globally and locally.