SearchTRUCIRCLE™: EMBRACING CIRCULAR ECONOMY
Our vision of a circular carbon economy centers on creating a system where all value chains loop back on themselves. This system focusses on four pillars: reduce, reuse, recycle.
Under the TRUCIRCLETM portfolio, we develop a variety of innovative applications used across the value chain, especially in the packaging industry. In the past three years, we have focused on five key drivers to address challenges faced by the market: reducing waste; increasing circularity; closing the loop and reusing ocean-bound plastic; using bio-based feedstock solutions; and enhancing functionality and consumer appeal.
TRUCIRCLE™ SALES TARGET
In 2023, SABIC announced its commitment to processing at least 1 million metric tons of TRUCIRCLE™ products annually by 2030 from bio-based or recycled feedstock.
In this first year of the commitment, we sold 18kt. This is a small yet steady start, setting a solid groundwork of partnerships and collaborations. SABIC's Circular Technology roadmap, issued in October 2023, provides an aligned strategy to build on this foundation and achieve this ambitious goal.
SELECTED 2023 PRODUCT LAUNCHES
In 2023, we introduced circular products with differentiated value for customers, including:
- Microsoft Surface Thunderbolt™4 Dock is the first surface dock and power supply in the consumer electronics market with enclosures using polycarbonate derived from advanced recycled ocean-bound plastic from SABIC's TRUCIRCLE™ portfolio.
- Microwavable instant rice bowls: SABIC and CJ CheilJedang collaborated on world-first ready-to-eat rice packaging, made with 25% certified renewable SABIC polypropylene (PP), offering high dimensional stability and heat resistance for microwaving.
- Cosmetics refill containers, designed to be used for STELLA Alter-Care Serum and Restore Cream, feature SABIC’s polyolefin resins that have a combined mass-balanced certified renewable feedstock content of up to 90% and meet the vegan branding requirements of the cosmetics manufacturer.
- Market-first mono-material pasta packaging with post-consumer recycled (PCR) material: Made with certified circular SABIC® PP in collaboration with Italian pasta maker Garofalo, this is the market’s first pasta bag using a basic flexible BOPP film from Polivouga and a cast PP film from GT Polifilm for a mono-material packaging solution with 30% advanced recycled post-consumer plastics, and it can easily be recycled in existing PP waste streams.
ISCC PLUS CERTIFICATIONS
SABIC’s certified circular and certified renewable products are verified and authenticated in a mass balancing approach under the International Sustainability and Carbon Certification (ISCC) PLUS scheme.
Read more about TRUCIRCLE™ initiatives in 2023.
Disclaimer: This abridged interactive version of the SABIC Integrated Annual Report 2023 is based on the original PDF report published on this website. In case of any discrepancy, the original PDF report will prevail.