In a circular economy, the value of products and materials is maintained for as long as possible. “Waste and resource use are minimised, and when a product reaches the end of its life, it is used again to create further value”, according to the European Commission.
Circular Economy aims to redefine growth, focusing on positive society-wide benefits.
Underpinned by a transition to renewable energy sources, the circular model builds economic, natural, and social capital. It is based on three principles:
Design out waste and pollution
Keep products and materials in use
Regenerate natural systems
On 2 December 2015, the European Commission put forward a package to support the EU’s transition to a circular economy. website >>
Our Approach: OceanWise will develop Circular Economy-oriented methodologies to analyze Circularity of current solutions for foamed polystyrene (EPS and XPS ) products and applications (fish boxes and seafood, food packaging…) and select the most sustainable and circular alternatives.
Addressing the entire life-cycle of EPS products & applications
Integrate Circular Economy principles from the early design and development phases
LCC (Life Cycle Cost) Assessment approach to analyze the cost of the different alternatives all along the entire life cycle
Outputs from the project:
Define methodologies, models and indicators for the transition of Linear to Circular Business Models to:
Assess and improve Circularity of current EPS Products & Applications (fish and seafood boxes, food packaging, consumer goods packaging)
Design, develop and select sustainable and circular alternative
Circularity Assessment Database of current foamed polystyrene Products & Applications and alternatives
OceanWise deals with marine litter in a circular economy perspective. It is focused exclusively on expanded polystyrene (EPS ) products and applications with a likelihood to become marine litter. OceanWise wants to approach this issue with a wide-view angle, by putting together a multi-sectoral platform to include Governmental bodies responsible for marine environment management, Industry and other stakeholders, waste management authorities, designers, circular economy modellers, I&D specialists in participatory processes, and end-users. EPS is short for expanded polystyrene, commonly known as plastic foams, and called styrofoam in the U.S.