The emissions gases that are accelerating climate change can also be viewed in a different light. Rather than just damaging by-products, CO2, nitrogen oxides (NOx), sulphur oxides (SOx) and other gases are now viable raw materials for fuel precursors, active pharmaceutical ingredients (APIs), plastics and more.
Fossil fuels have great advantages as energy sources and are hard to replace. The resilience of demand means that the only way even to come close to meeting the climate goals of the Paris Agreement may be by using carbon capture, use and storage (CCUS) at scale.
The outlook is bright for contract services providers and their customers, according to Contract Packaging & Manufacturing: Drivers of Machinery Investments, a report published by the Association for Packaging and Processing Technologies (PMMI) and produced in conjunction with DDR/REACH.