Critical reflections on the Chemical Leasing concept

Rodrigo Lozano*, Angela Carpenter, Francisco J. Lozano

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

Chemical Leasing has been developed as a collaborative business model to complement the two main approaches (policy initiatives and scientific/ technological) used to foster green chemistry and sustainable chemistry. Chemical Leasing is based on using chemicals more efficiently, reducing waste, and closing the feedback loop more effectively. This is done by shifting the focus away from profit generation, through increased sales, towards a value-added approach by providing a service. Most of the available Chemical Leasing studies have been empirical and descriptive, and generally identify only short-term benefits from process change. This paper provides critical reflections on the Chemical Leasing model based on types of chemicals, green and sustainable chemistry, business models, collaboration, and the chemical leasing cases available. Chemical Leasing offers a more efficient business model alternative to traditional industry practice, bringing economic and environmental benefits to both suppliers and users; however, its use is restricted to some specific types of chemicals (such as solvents and catalysts). The paper proposes a clearer and more precise definition of chemical leasing and argues that chemical leasing needs to be part of a holistic approach, so that the economic, environmental, social, and time dimensions of sustainability are fully addressed.

Original languageEnglish
Pages (from-to)53-60
Number of pages8
JournalResources, Conservation and Recycling
Volume86
DOIs
Publication statusPublished - May 2014

Keywords

  • Chemical leasing
  • Green chemistry
  • Sustainability business models
  • Sustainable chemistry

Fingerprint

Dive into the research topics of 'Critical reflections on the Chemical Leasing concept'. Together they form a unique fingerprint.

Cite this