The raw materials transition (or resources transition) is about reducing dependency on fossil resources. This includes finite mineral resources, like metals for cars and phones, phosphate for fertilizers, and oil and gas for making plastics. The materials transition aims for a circular economy, using resources and products more efficiently to minimize natural resource use and environmental impact during production, usage, and disposal phases.
For the process industry, ISPT identifies 3 key technological solutions for the materials transition and a circular economy:
More recycling
Increased use of biobased resources
Utilizing captured CO2 as raw materials
