{"id":10860,"date":"2022-07-22T09:09:45","date_gmt":"2022-07-22T07:09:45","guid":{"rendered":"https:\/\/www.elixirgroup.rs\/odrzivi-razvoj\/cirkularna-ekonomija\/"},"modified":"2023-03-29T13:46:49","modified_gmt":"2023-03-29T11:46:49","slug":"circular-economy","status":"publish","type":"page","link":"https:\/\/www.elixirgroup.rs\/en\/sustainable-development\/circular-economy\/","title":{"rendered":"Circular economy"},"content":{"rendered":"
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Circular economy<\/h1>\n\n\n
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The future is in the circular economy.<\/h2>\n\n\n\n

Along the path of establishing an economically and ecologically sustainable development model, the idea of circular economy becomes the focus of our business.<\/p>\n\n\n\n

Circular economy is an imperative and strategic priority of Elixir Group. It is complementary to all other priorities, business, development, technological, environmental and social. Circular economy is not only a business concept and model, but a path to sustainability.<\/p>\n\n\n\n

This concept implies innovative thinking about the production process, extending the life cycle of products and recycling, which implies remanufacturing and reuse.<\/p>\n\n\n\n

Circular economy is a renewable industrial economy that has a changed the concept of production and consumption in relation to product design, the use of resources and attitude towards waste generation. In the concept of circular economy, waste does not exist, but only raw material that can be reused for the same or other production processes. The potential for the application of the circular economy in the chemical division of Elixir Group is great.<\/p>\n\n\n

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Elixir Group – from linear to circular economy<\/h3>\n\n\n\n

It is a powerful combination of waste management and environmental protection, technology and economics. On the one hand, this implies the maximization of circularity in production processes and the life cycle of products, and at the same time, circular synergy with other industries and various technological processes.<\/p>\n\n\n\n

On the other hand, given that the chemical industry is a large consumer of energy, the implementation of the waste to energy concept enables the use of waste as a resource for the production of energy and alternative energy sources, i.e. the complete substitution of fossil fuels<\/p>\n\n\n\n

Waste to energy and waste to chemicals projects support our strategically important goal of decarbonization.<\/strong><\/p>\n\n\t<\/div>\n\n<\/div>\n\n\n\"Circular\n\n

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Waste to Chemicals<\/h3>\n\n\n\n

The concept of reuse of recyclable chemicals in the production processes of the chemical industry, after their initial use in some other industrial applications, after which the physico-chemical characteristics and content of the active substance have been preserved. The production members of the chemical division are intensively working on the implementation of new alternative raw materials in their technological processes.<\/p>\n\n\t<\/div>\n\n<\/div>\n\n\n

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Circular economy, alternative and renewable energy sources are an integral part of Elixir Group’s decarbonization strategy by 2030.<\/h3>\n\n\n\n

By analyzing the life cycle of products using the “cradle to gate” method, it was determined that 60% of the carbon footprint of the Chemical Division’s products comes from the use of fossil fuels for thermal and electrical energy, and the remaining 40% comes from “upstream operations”, i.e. the transport sector. Technological processes of the Chemical Division are not sources of GHG emissions.<\/p>\n\n\t<\/div>\n\n\n\n

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Postulates in the application of circular economy<\/h2>\n\n\n
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The applied technology supports the use of alternative raw materials<\/p>\r\n

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Without harmful effects on the environment<\/p>\r\n

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Without negative effects on the quality of finished products<\/p>\r\n

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Circular economy projects in production processes<\/h2>\n\n\n\n