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Investigation of the incentives and barriers in the plastics industry in Greece towards the adoption of circular economy techniques

Piteris Ioannis

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Summary

The Industrial Revolution transformed the economy from an agricultural to an industrial one, increasing productivity and the global standard of living. Over 200 years, poverty rates fell and life expectancy increased significantly. However, this growth has led to increased consumption of energy and raw materials, which is projected to continue at least until 2035.The pressure of human activities on the environment now has obvious consequences. The circular economy is a model that aims to mitigate this pressure by generating economic benefits and reducing environmental impacts. It is based on three principles: a) the elimination of pollution and waste, b) the circular flow of products and materials, and c) the regeneration of nature. More specifically, the main stages of the circular economy are: prevention - reuse - recovery - recycling - disposal. The circular economy has the potential to revolutionise the way we produce and consume goods and can help to save resources and reduce waste.This Master's thesis, examines the degree of familiarity and awareness of plastic companies with the term Circular Economy, and whether companies have already carried out applications of it. For this purpose a questionnaire was created and with the help of S.W.O.T. Analysis the advantages and opportunities, disadvantages and risks for the implementation of the Circular Economy in the Plastic Industry were identified.At the end of the process, the results were commented and the final conclusions were presented.

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