Nova Chemical announced a three-year investment on August 30 with a total investment of nearly $2 million (€1.5 million) to prevent plastic waste from entering the ocean. This investment is based on support for 'PROJECT STOP', A new global initiative to implement solutions to reduce marine plastic pollution, especially for highly polluted countries.
As economic development and plastic consumption exceed the expansion of waste management systems in the region, Southeast Asia is considered to be the main source of marine plastic waste. Project STOP chose Indonesia as the main focus area.
'Considering the growing concern about marine plastic pollution, and agreeing that we must take meaningful action to address this challenge.' John Thayer, senior vice president of Nova Chemicals, said, 'This investment shows that we are committed to shaping a ratio. A better world today. ' 'The value of plastic should not be thrown away or thrown into the trash. ' We are working with 'PROJECT STOP' to find more influential solutions to prevent plastic contamination in key areas around the world . '
Nova Chemical's investment selected Muncar, a coastal fishing community in Banyuwangi, Indonesia, as the first city partner and established a partnership. As there is almost no waste service, many citizens are forced to dump waste directly into the environment. Due to the serious challenges Sex, Muncar was selected as the first stop, while establishing strong environmental commitments at the national, regent and local levels.
'PROJECT STOP' was created in 2017 by 'Borealis' and 'SYSTEMIQ'. The former is a sister company of Nova Chemicals, an innovative solution for polyolefins, basic chemicals and fertilizers. The leading supplier, while the latter is a company that co-creates, innovates and invests in innovative solutions for sustainable land use, materials and energy systems.
' 'PROJECT STOP' represents an important step in creating a plastic recycling economy. We are very pleased that after our joint venture with Borouge, our sister company, Nova Chemicals, joined us in this industry-leading project. Alfred Stern, CEO of Borealis, explained that 'the cooperation of Borealis, Borouge and Nova Chemicals highlights our commitment to helping to solve the problem of marine plastics.'
'PROJECT STOP' Focus on three goals:
1. Ensure that all households and businesses have access to waste collection services, and that zero waste is discharged into the environment by adding points, sorting facilities and staff.
2. Increase the recycling of plastics by strengthening the supply chain from waste collection to waste management companies.
3. By creating new jobs in the waste management system, reducing the impact of poorly managed waste on public health, tourism and fisheries, and bringing benefits to the local community.
'We are very pleased to work with Nova Chemical to prevent plastic pollution from entering the world's oceans.' SYSTEMIQ founder and partner manager Martin Stuchtey said, 'We urgently need to accelerate the recycling waste management solution in Asia, we are very happy to be able to design and Deliver this new urban partnership model, working with our global corporate partners and our government partners in Indonesia.'