3 minute read
Cosmo First: A Scale-up of Sorts
Material Innovations
Driving the Industry It’s been widely acknowledged that materials will be an important link for the next industrial revolution as well as in bringing innovative solutions. As the world’s view on sustainability and green alternatives firms up, there will be increased demand for alternative and advanced materials that can provide environmentally sensitive solutions for the world’s needs. In this regard, an important contribution will be from synthetically made alternative materials as well as bio-based materials that will help the industry to move away from fossil fuel dependency. Most of the world economies, including emerging and developing economies, have carbon neutrality as one of their core focuses and 2050 is the year, more or less, wherein the world wants to have achieved significant progress in the direction of becoming carbon neutral. For the world to be on the path of building a sustainable ecosystem based on the principles of a circular economy, nextgeneration materials will play a market-changing role. In this regard, plastics as a material resource have huge potential to make a difference and be the material of choice for most of the industrial sectors. Since plastics belong to the petroleum family, there are inbuilt risks it has from a fossil fuel consumption perspective. However, research and innovation in this space are at a highly advanced stage and multi-dimensional solutions are now becoming available; be it recycling innovations, bio-based possibilities, manufacturing process streamlining or, finally, chemical recycling that will reduce the dependence on crude directly and make the entire product value chain much greener. It’s the interdependency of various science streams and collaboration of multiple stream experts that has made synthetic materials production possible and has become an integral part of all industries’ sustainable business existence.
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For the world to be on the path of building a sustainable ecosystem based on the principles of a circular economy, next-generation materials will play a marketchanging role. In this regard, plastics as a material resource have huge potential to make a difference and be the material of choice for most of the industrial sectors.
Chintan R. Joshi
Kaushalya Reputation and Brand Consultancy, Mumbai
Potential Synthetic Innovations that Can Make a Difference
There are many synthetic innovations available that have the potential to make a great difference in making the world a better place.
First among this scientific beauty is the self-healing polymers. As the name suggests, researchers have mimicked the natural concept in creating polymers that will heal themselves and recreate themselves after wear and tear. This will
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