Page 51 - Plastics news December 2023

BUSINESS NEWS

Mondi collaborates with partners to replace PolyStyrene (EPS) and lead the
change on white goods packaging

rural settings. It collects 12 million
PET bottles and 2 million polyolefin
bottles a day.
Through the new partnership, the
two companies will collaborate on
the development of collection, sort-
ing, and recycling solutions, they said
without revealing more details.

“This partnership is a testament to
Pashupati's vision and relentless effort
to contribute to a circular economy
and create sustainable materials on
par with prime materials,” the com-
pany said in a statement, “Our strong
commitment to sustainability is a guid-
he companies will collaborate on Pashupati Group operates waste ing factor in developing innovative so-
Tthe collection, sorting, and recy- management services under the Ex- lutions to reduce plastic waste and
cling of polymers tended Producer Responsibility (EPR) promote circularity.”
legislation for plastics introduced in
Borouge, a joint venture between the The announcement follows another
United Arab Emirates oil company India in 2016. The company uses its partnership between Borouge and
Adnoc and Austria’s Borealis, signed a Waste Circularity mobile app to col- Abu Dhabi’s waste management cen-
memorandum of understanding with lect plastic waste in challenging ter- tre in early October.
Pashupati Group, an India-based me- rains, including mountains and coastal
chanical and chemical recycler of PET. areas, in addition to serving urban and

PLASTICS NEWS 5151
December 2023 PLASTICS NEWS