• Team
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Use
  • Submit Guest Post
  • Editorial Policy
Nilsen Report
  • BEST RATED
  • Box Office Collection
  • Brand Post
  • Games
  • Health
  • Tech
  • International
  • Viral
  • Gambling
  • Sports
  • BEST RATED
  • Box Office Collection
  • Brand Post
  • Games
  • Health
  • Tech
  • International
  • Viral
  • Gambling
  • Sports
No Result
View All Result
Morning News
No Result
View All Result

Yazan Al Homsi on Global Plastic Pollution Policies and the Future of Manufacturing

Kanish Parihar by Kanish Parihar
June 18, 2024
in Opinion
0
Yazan Al Homsi
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Yazan Al Homsi and the Challenge of Plastic Pollution

Yazan Al Homsi, a seasoned venture capitalist and advocate for sustainable technologies, has been vocal about the urgent need to address global plastic pollution. With a career that spans various industries and continents, Al Homsi brings a unique perspective to the conversation on environmental policies and the future of manufacturing. His insights are particularly relevant as the world grapples with the implications of plastic waste and seeks innovative solutions.

“Basically, in a nutshell, today, I don’t know if you know this, but less than 10% of waste plastic gets recycled,” says Al Homsi. This stark reality underscores the limitations of current recycling technologies, which struggle with contaminants and inefficiencies.

READ ALSO

5 Casino Affiliates For Canadian Players To Try Today

The Ultimate Guide to Finding the Best Electric Scooter

Global Plastic Pollution Policies: A Turning Point for Manufacturers

As global awareness of plastic pollution grows, so does the pressure on policymakers to implement robust regulations. One of the most significant developments is the drafting of international treaties aimed at curbing plastic waste. “Now, in this treaty, or what’s being drafted right now, they are drafting a treaty to push a plastic act treaty on all manufacturers across the world of any plastic,” explains Al Homsi.

These treaties could mark a turning point for global manufacturers, compelling them to adopt more sustainable practices. The proposed regulations would enforce stricter recycling standards and incentivize the development of advanced recycling technologies. “There is right now, in this location, about 150 financial institutions with over $16 trillion of money that is very interested in and keen on having a solution to plastic waste,” Al Homsi notes, highlighting the financial backing and interest in sustainable solutions.

In Europe, regulations already require manufacturers to recycle at least 30% of their plastic waste. Failure to meet this standard results in significant financial penalties. “In Europe, there’s an exact requirement you have to recycle 30%, and if you don’t, you have to pay taxes on what’s not recycled,” says Al Homsi. This contrasts sharply with the situation in the US and Canada, where enforcement of recycling standards remains lax.

The Role of Aduro Clean Technologies in a Sustainable Future

Companies like Aduro Clean Technologies (CSE: ACT) (OTCQX: ACTHF) (FSE: 9D50) are poised to play a crucial role in helping manufacturers meet new regulatory standards. Aduro’s innovative Hydrochemolytic™ technology (HCT™) offers a solution to the limitations of traditional recycling methods, particularly when dealing with contaminants. “The reason is that the current technologies that are available, they have a major limitation when it comes to contaminants,” Al Homsi explains.

Aduro’s technology not only improves the efficiency of the recycling process but also transforms plastic waste from a cost center to a profit center. “If there is one that they can make money off of, or they can turn this from a cost center to a profit center, which is what Aduro advocates, then they’re more likely to do it,” says Al Homsi. This economic incentive is crucial for encouraging widespread adoption of sustainable practices.

Moreover, Aduro’s technology aligns with the potential requirements of international treaties, making it an attractive option for manufacturers facing new regulatory pressures. “So what does it do? It basically allows for companies like Aduro and so on, meet key stakeholders,” Al Homsi points out, emphasizing the importance of collaboration between innovators and industry leaders.

Economic Impacts of Non-Compliance

The financial implications of failing to meet new recycling standards are significant. Manufacturers who do not comply with the proposed regulations could face hefty fines and taxes. “If you produce 100,000 tons of plastic waste, plastic, and you only recycle 10%, which is the current standard right now, the delta between the 30% and the 10% is 20%. So basically 20,000 tons. So the 20,000 tons that are currently not being recycled, you’re going to be paying taxes on to the tune of 1,000 euros per ton. So that’s about 20 million euros per year recurring,” Al Homsi calculates.

These costs could have a profound impact on the profitability and competitiveness of manufacturing companies. The economic burden of non-compliance serves as a powerful motivator for companies to invest in advanced recycling technologies and adopt more sustainable practices.

Towards a Sustainable Manufacturing Future

Yazan Al Homsi’s insights shed light on the critical intersection of global plastic pollution policies and the future of manufacturing. As international treaties and regulations take shape, manufacturers will be compelled to rethink their approaches to plastic waste. Companies like Aduro Clean Technologies, with their innovative solutions, are well-positioned to lead this transition towards sustainability.

The journey towards a more sustainable future is fraught with challenges, but also offers significant opportunities for innovation and economic growth. By embracing advanced technologies and aligning with new regulatory standards, manufacturers can not only mitigate the environmental impact of plastic waste but also enhance their economic resilience.

Al Homsi’s vision and commitment to sustainability provide a blueprint for navigating this complex landscape. As the world moves towards stricter plastic pollution policies, the future of manufacturing will undoubtedly be shaped by the integration of sustainable practices and innovative technologies.

Related

Related Posts

Casino Affiliates For Canadian Players
Opinion

5 Casino Affiliates For Canadian Players To Try Today

July 12, 2024
Best Electric Scooter
Opinion

The Ultimate Guide to Finding the Best Electric Scooter

July 2, 2024
Understanding Cocaine Addiction
Opinion

Understanding Cocaine Addiction A Comprehensive Guide

July 2, 2024
Effective Parent Coaching
Opinion

The Ultimate Guide to Effective Parent Coaching

July 1, 2024
10 Easy Steps to Fixing Your Garage Door Yourself
Opinion

10 Easy Steps to Fixing Your Garage Door Yourself

June 10, 2024
Chainlink Versus Traditional Finance
Opinion

Chainlink Versus Traditional Finance: A NFTs Perspective

May 30, 2024
Next Post
Effective Parent Coaching

The Ultimate Guide to Effective Parent Coaching

Please login to join discussion

Popular News

The Future of Obi-Wan Kenobi: Will There Be a Season 2?

The Future of Obi-Wan Kenobi: Will There Be a Season 2?

April 25, 2025
Will There Be a Black Doves Season 3? Latest Updates

Will There Be a Black Doves Season 2? Latest Updates

April 27, 2025
The Glass Dome Season 2 & Ending Explained: Release Date, Cast, and What’s Next?

The Glass Dome Ending Explained and Season 2: Release Date, Cast, and What’s Next?

April 24, 2025
Bodyguard Season 2: Latest Updates, Release Date, and What to Expect

Bodyguard Season 2: Latest Updates, Release Date, and What to Expect

April 23, 2025

EDITOR'S PICK

Unveiling ‘Mandrake’: The ITV Series that Explores the Phone Hacking Scandal

Unveiling ‘Mandrake’: The ITV Series that Explores the Phone Hacking Scandal

October 18, 2023
online casino

From Retro Reels to Virtual Reality: The Incredible Journey of Online Casino Games

August 2, 2023
Komi Can't Communicate Season 3

Komi Can’t Communicate Season 3: Renewal Status and Release Updates?

January 16, 2024
Character AI without NSFW filter

Is there a Character AI without NSFW filter?

February 8, 2024

About

Nilsen Report is an independent publication house which believes in bringing light to the latest News. We have explored nooks and corners of the world . This blog has well-crafted articles explaining the need-to-knows about the things happening around the globe.

Follow us

Categories

  • Brand Post
  • Canada
  • Cover
  • Entertainment
  • Events Toronto
  • Fashion
  • Film Studio
  • Gambling
  • Games
  • HAMILTON
  • Health
  • International
  • LifeStyle
  • Movies
  • Music
  • News
  • Opinion
  • Politics
  • Science
  • Sports
  • Tech
  • TORONTO
  • Travel
  • TV Shows/ Web Series
  • Uncategorised
  • Uncategorized
  • Viral

Recent Posts

  • Pulse Season 2: Will Netflix Renew Its Medical Drama?
  • Presumed Innocent Season 3: Will the Hit Legal Drama Return for Another Case?
  • Fallout Season 2: What to Expect from the Wasteland’s Return
  • Queen Charlotte Season 2: Will the Story Continue?
No Result
View All Result
  • About Us
  • Contact Us
  • Editorial Policy
  • Home 1
  • Privacy Policy
  • Reviews
  • Submit Guest Post
  • Team
  • Terms Of Use

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.