Page 32 - Plastics News December 2025
P. 32
COMPANY NEWS
ing India’s waste streams into sources of value, bling OEMs, enterprises, and retailers to manage
innovation, and circular growth.” take-back and recovery processes with com-
plete traceability, compliance, and sustainability.
Linda Li, Chief Strategy Officer, Li Tong Group,
commented: “Reteck India has been an integral Backed by a USD 10 million seed funding from
part of Li Tong Group’s global network. We’re Citrus Global Arbitrage Fund, Black Gold Recy-
pleased to transition our Indian business to Black cling is rapidly scaling its operations to support
Gold Recycling, whose local expertise, leader- India’s Critical Mineral Mission Plan and national
ship, and sustainability focus align perfectly with goals for resource efficiency and circular growth.
our global vision. We look forward to continued
collaboration as Black Gold scales Reteck India With this acquisition, Black Gold aims to position
to new levels of innovation and compliance.” itself as a key player in India’s sustainable re-
verse supply chain, driving responsible material
The acquisition provides Black Gold with access recovery and supporting the country’s transition
to advanced infrastructure in IT asset disposi- toward a low-carbon, resource-secure future.
tion (ITAD), component recovery, battery recy- Source - https://thecsruniverse.com
cling, and end-of-life electronics recycling, ena-
ALPLA SECURES GRANT AND SETS UP NEW RECYCLING COMPANY
LA and NTCP are working on a future-proof and
affordable solution for plastic food packaging.
The patented recycling technology is expect-
ed to deliver food-safe HDPE recycled material
(rHDPE) on an industrial scale for the first time.
Following several years of R&D with successful
laboratory results, the two project partners have
just started evaluating the solvent-based pro-
cess at the NTCP site in Heerenveen.
he innovation project, which is funded by Intensive testing of all process steps of the pat-
the Dutch Ministry of Climate Policy and ented technology will be performed as part of
TGreen Growth, will run for four years. Just a collaborative innovation project. The aim is to
in time for the start of the PPWR 2030, the in- obtain approval from the European Food Safety
novative solution will be scaled up to industrial Authority (EFSA) in the near future. The con-
production. struction and operation of the pilot plant will pro-
vide valuable insights for scaling up the process.
From 2030, packaging in the EU must contain a ALPLA has set up its own recycling company in
minimum proportion of recycled material. ALP-
the Netherlands for this purpose.
32 PLASTICS NEWS December 2025
