Volvo’s new vehicles will be made from 25% recycle plastic
Volvo, the Swedish vehicle manufacturer, has announced a target to use 25% recycled plastic in all new vehicles it produces by 2025.
The news follows the firm’s recent commitment to ban single-use plastics in its premises and events by the end of 2019.
“We already work with some great, forward-thinking suppliers when it comes to sustainability; however, we do need increased availability of recycled plastics if we are to make our ambition a reality,” stated Martina Buchhauser, Senior Vice President of Global Procurement at Volvo Cars.
“That is why we call on even more suppliers and new partners to join us in investing in recycled plastics and to help us realise our ambition.”
Volvo aims to encourage other companies in the industry to pledge goals for similar changes – focusing on circular, innovative components that target repurposing waste.
As part of its announcement on 17 June, Volvo revealed an updated version of its XC60 T8 plug-in hybrid SUV.
The vehicle is the same as the existing model, except several of its plastic components have been replaced with recycled materials.
“Volvo’s move to integrate plastic waste into the design of their next fleet of cars sets a new benchmark that we hope others in the car industry will follow,” said Erik Solheim, Head of Environment at the United Nations.
“This is proof that this problem can be solved by design and innovation,” he added.
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.