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Plastics may be moulded into many shapes because they have the physical property of being malleable. Plastics are often lightweight and waterproof. To replace bulky, expensive containers like ceramic jars, plastic bottles have become a commonplace container for liquids. Typically, plastics are absent from the natural world.
They must be created artificially or from petrochemicals. Organic polymers make up the vast majority of plastics. Plastics are organic compounds and include carbon. Polymers also include plastics.
The Nigeria Plastics Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
In order to expand its recycling operations across the country, Kaltani, a Nigerian clean-tech plastic waste recycling company, has acquired $4 million in seed funding.
To collect and recycle plastic garbage in Lagos, Nigeria, Dow launched Project ReflexNG. One million metric tonnes of plastic will be collected, reused, or recycled as a result of this pilot project, which is in line with Dow’s global STOP THE WASTE sustainability goal.
A project called Cycle Plast has been started in Nigeria by the Nigeria Climate Innovation Center, NCIC, and Coca-Cola Nigeria.
The project seeks to advance a society free of plastic waste by encouraging communities to change their behavior and dispose of waste properly, while also generating employment and opening doors along Nigeria’s value chain for recycling plastic waste.
Along with Indonesia, Ghana, and Viet Nam, the Nigerian government will join the World Economic Forum’s Global Plastic
Action Partnership to enhance domestic efforts to combat plastic pollution. In order to develop a shared strategy for bringing about system change for the circular economy, the collaboration would bring together Nigeria’s top policymakers, business executives, and civil society organisations.
