Re Sustainability Limited Asia's largest integrated waste management company, and PolyCycl Private Limited, a pioneer in chemical recycling of post-consumer plastics, have announced a business collaboration for development of a network of feedstock facilities in India for chemical recycling of plastics.

The collaboration aims to extract low-grade plastics, such as single-use flexible films and packaging waste, from multiple streams and prepare them as feedstock for chemical recycling projects run by PolyCycl and its partners. Such plastics are a commingled mix of different resins and tend to have a high degree of contamination that makes them incompatible for conversion to pellets using conventional mechanical recycling methods. By leveraging chemical recycling techniques, these plastics will be transformed into a range of hydrocarbon molecules that serve as essential building blocks for manufacturing of sustainable circular polymers, green chemicals and renewable fuels.

The companies aim to establish the first such sorting and pre-processing facility at Delhi.

According to data from India's Central Pollution Control Board, over 10,000 tons of waste plastics end up in landfills across the country every day. Globally, more than 8.3 billion tonnes of plastic have been produced since the 1950s, with over 5.0 billion tons dumped in landfills across different parts of the world today.

"From a material perspective, waste plastics are a reserve of hydrocarbon that we have sitting above the ground. While they currently pose environmental and societal challenges, our collaboration with Re Sustainability aims to convert them into a valuable resource for a plastic-to-plastic circular economy," says Amit Tandon, CEO of PolyCycl. "Through this collaboration, we are excited to demonstrate commercial scale extraction of low-grade waste plastics from landfills, using automated and high-throughput methods. A large part of such plastics cannot be recycled using conventional methods and the collaboration aims to expand the quantum of plastics being recycled in the country."

"Re Sustainability's journey towards sustainable resource recovery and circular economy demonstrates our commitment to creating long-term value and building resilience for a more sustainable world. We see green innovation and partnerships as the two most significant drivers of circular economy in India, enabling both environmental protection and resource recovery at scale," said Mr. Masood Mallick, CEO, Re Sustainability Limited.

 

Source:prnewswire.com

Report Abuse