Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
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The Authors
Hundertmark, T. - McKinsey & Co., Houston, Texas
Thomas Hundertmark is a Senior Partner in McKinsey’s Houston, Texas office. He advises executives in the energy, chemicals and agribusiness sectors worldwide to set their strategic direction and drive better performance through operational excellence. Prior to joining McKinsey, he was a postdoctoral fellow at the Massachusetts Institute of Technology and holds a PhD in chemistry from the University of Technology, Aachen, and a degree in chemistry from the University of Cologne.
Mayer, M. - McKinsey & Co., Vienna, Austria
Mirjam Mayer is a Consultant in McKinsey’s Vienna, Austria office. She advises executives at chemical, agribusiness and pharmaceutical companies on strategy, innovation and sustainability issues. She holds a PhD in biophysics and biology from Technische Universität Dresden, and undergraduate and MS degrees in biochemistry from Eberhard-Karls-Universität Tübingen.
McNally, C. - McKinsey & Co., London, UK
Chris McNally is an Expert Partner in McKinsey’s London, UK office. He helps chemical and oil and gas industry executives with a broad range of issues related to business and operating model transformation, strategy and mergers and acquisitions. He holds MS degrees in chemical engineering from Cambridge University and in refining from ENSPM, Paris.
Simons, T. J. - McKinsey & Co., Cologne, Germany
Theo Jan Simons is a Partner in McKinsey’s Cologne, Germany office and leader of McKinsey’s petrochemicals service line. He helps executives in the chemical and petrochemical industry worldwide with setting their strategic direction, making mergers and acquisitions and on improving all aspects of their operations. He holds an MSc degree in chemical engineering from the Eindhoven University of Technology.
Witte, C. - McKinsey & Co., Berlin, Germany
Christof Witte is a consultant in McKinsey’s Berlin, Germany office. He helps executives in the chemical and petrochemical sectors with business, innovation and sustainability strategies and implementation. He holds a PhD and a BSc degree in physics from Humboldt-Universität in Berlin.
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