Page 55 - Plastics News July 2025

COMPANY NEWS

cent, our technology has already been validated rigid plastic packaging must contain recycled
by multiple global petrochemical companies,” he content. “PolyCycl’s Generation VI technology
added. supports these targets by producing virgin-qual-
ity recycled polymers that meet the stringent
Scalability and cost-effectiveness
standards required for food-contact and phar-
A key feature of the technology is its highly scal- maceutical packaging,” said Tandon.
able and cost-effective design. With modular “The plastic waste problem is complex and re-
processing lines capable of handling 15 to 100 quires multiple solutions—from better recyclabil-
tonnes per day of plastic waste, it offers capital ity in packaging design to stronger EPR mech-
costs significantly lower than similar technolo- anisms and advanced recycling technologies.
gies in Europe and the US—between one-half to Chemical recycling is a critical part of this puzzle,
one-fourth of competitive solutions. Additionally, and we hope our work accelerates the adoption
it delivers an EBITDA (operating profit) exceed- of circular economy practices across industries,”
ing 50 per cent, making it commercially attrac- he added.
tive, the company said in a press statement.

A 5 km drain filled with plastic waste and gar-
Supporting India’s EPR targets
bage in Gautam Puri, New Delhi, in April 2024.
India’s extended producer responsibility (EPR) (Photo: Tashi Tobgyal)
regulations mandate that by 2025-26, 10 per Source – Indian Express
cent of flexible packaging and 30 per cent of

Registration of Importers of Plastic Raw Material on

Centralized EPR Portal for Plastic Packaging as per Plastic

Waste Management Rules, 2016 (as amended)

his is in reference to our earlier communi-son who imports for commercial use, any plastic
cations on the subject (Annexure-I) wherein packaging or any commodity with plastic packag-
Tthe Central Board of Indirect Taxes and Cus-ing or carry bags or plastic sheets or like material,
toms was requested to direct the concerned au-or plastic raw material including in the form of resin
thorities to ensure that the importers who import or pellets, or intermediate material to be used for
plastic packaging, commodity with plastic packag-manufacturing plastic packaging such as films or
ing had obtained registration from CPCB/SPCB/preforms" and all such importers are required to be
PCC (as applicable) on the Centralized EPR Portal registered on the EPR Plastic Portal as per Section
for Plastic Packaging. Further, as per the provisions 6 of the EPR Guidelines.
of Plastic Waste Management (Amendment) Rules, Source – CPCB portal
2024 dated 14-03-2024, “Importer means a per-

July 2025 PLASTICS NEWS 55