Dusseldorf Anyone who has tried to buy a car, electronic device or furniture in the past few months will have been surprised at the extremely long delivery times for many products. The reason is supply bottlenecks for primary materials – from steel to semiconductors to plastics.
The circular economy could be a long-term solution to many of these problems, argues Johannes Kirchhoff, managing partner at the Kirchhoff Group, a German auto parts supplier. In an interview with Handelsblatt Green, he explains the prerequisites for this.
For example, the networking of different industrial sectors is a central building block for closed value-added cycles. This is achieved through various initiatives such as Circular Valley from North Rhine-Westphalia, which wants to position itself as a leading global start-up center for the circular economy.
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