The concept of cyclical economy meets the ambition for sustainable development in the context of increasing pressure from the production and consumption of resources of the planet's environment. Until now, the economy was largely based on the "take-make-throw" model, a linear model in which each product inevitably reaches the end of its useful life.

The transition to a cyclical economy requires a change in focus on reuse, repair, renewal and recycling of existing materials and products. That previously considered "waste" can be converted into raw material.

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