Plastics are key building blocks of modern society, indispensable in many of our modern products: from food packaging that helps avoid food waste and lighter car parts that make vehicles more fuel-efficient, to medical equipment that helps save lives.

At the same time, the plastic industry faces significant environmental challenges. Much of the plastic we produce is never recycled, and its production relies on fossil feedstock. In fact, plastics account for around 6% of global oil demand and 5% of global GHG emissions.

If the world is to meet 2050 net-zero targets, it is critical to develop fossil-free methods of plastic production.