Page 35 - Plastics News June 2024

COMPANY NEWS

Deluxe Recycling opens multi-layered plastic recycling plant in

India

With the opening of the new facility, Deluxe has doubled its overall multi-layer plastic recycling capacity from
13,000 tonnes/year to 27,000 tonnes/year

eluxe Recycling has opened 50,000 across the two locations in the a pivotal step for us towards translat-
a multi-layered plastic recy- next two and a half years to eventually ing our vision into a reality, and we ap-
cling plant in Sarigam, in the become South Asia’s largest multi- preciate the continuous support from
Indian state of Gujarat. layer plastic recycler. Circulate Capital,” said Jignesh Shah,

The Mumbai-based waste manager The company employees a small net- managing director of Deluxe. “This fa-
recycles used beverage cartons as work of waste pickers that help it divert cility marks a significant advancement
well as multi-layered and mixed plas- multi-layer packing from landfill. At its for us towards developing sustainable
tic waste. With the opening of the new material recovery facilities, the waste solutions for the collection, manage-
facility, Deluxe has doubled its overall is collected and sorted for recycling. ment, and recycling of MLP, driving
multi-layer plastic recycling capacity Deluxe uses proprietary, in-house de- impactful environmental progress in
from 13,000 tonnes/year to 27,000 veloped technology to manufacture a India.”
tonnes/year. It also operates another variety of rigid products with its re- India’s plastics recycling rate stood
recycling plant in Bengaluru. cyclate. It currently holds 90% of the at 8% in 2019. The country generates
market share for recycled seat boards nearly 26,000 tonnes of plastic waste
Funding from Circulate Capital, a cir-
cular economy investment manage- for rickshaws, also known as tuk-tuks, every day, more than any economy ex-
ment firm which manages the largest a popular means of transport in the pect the United States and the Europe-
recycling portfolio in Asia, fuelled the buzzing streets on India. an Union. The country aims to recycle
expansion of the venture. “Opening the largest multi-layered 60% of plastic waste by 2028.
Deluxe aims to increase its capacity to plastic (MLP) recycling plant in India is Source – Sustainable Plastics

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