Page 15 - Plastics News March 2021
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CompAny news



          Amcor joins Alliance to End                            Indian Oil to build two Mega

          Plastic Waste at executive level                       Bio-Refineries in Telangana And

                                                                 Andhra Pradesh
             ustralia-based packaging
          Acompany Amcor has announced
          that it is to join non-profit                            n a big boost for the nation's
          organisation Alliance to End Plastic                   Inascent  biofuels  and  clean
          Waste  (AEPW)  at  an  executive                       energy sector, state-owned
          committee level.                                       Indian Oil Corporation (IOC)
                                                                 plans to set up two mega bio-
          Joining AEPW  is  the  company’s                       refineries in  Telangana and
          latest action on waste management                      Andhra  Pradesh. The  refineries
          and recycling infrastructure, and                      will come up at an investment
          is in line with its Sustainability Pledge to make all its   of Rs 600 crore each and will
          packaging recyclable or reusable by 2025. Amcor CEO Ron   have the capacity to extract five lakh litres of ethanol
          Delia said: “Amcor’s extensive innovation capabilities are   from agri-residue like wheat and rice straw. These
          delivering packaging designed to achieve the commitment   refineries will take at least 18 months to be completed
          to make all our packaging recyclable or reusable by 2025.
          But keeping waste out of the environment also requires   after IOC takes possession of the land for the project.
          collaboration across the global value chain for better   The company has already approached  Telangana
          waste management and recycling infrastructure, and to   government with its proposal but is yet to reach out
          educate consumers. “AEPW serves as a crucial forum for   to Andhra Pradesh government. "We have approached
          that  collaborative  effort  across  parties  aligned  on  the   the Telangana  government  which  has  identified  two
          need to deliver more sustainable outcomes. I am excited   parcels of land for the project," said R S S Rao, IOC's
          that Amcor is taking up this leadership role within AEPW.   executive director and state head for Telangana and
          We  look  forward  to  working  with  the  other  members   Andhra Pradesh.As per details shared by Rao, the
          to advance on  our  shared  ambitions for  responsible   Telangana unit would come up within 200 kilometres
          packaging.”. AEPW  chief  executive  Jacob  Duer  said:   of Hyderabad's periphery. According to IOC's research
          “The addition of Amcor to AEPW’s Executive Committee   and development (R&D) director SSV Ramakumar,
          strengthens our links to the packaging industry. Amcor’s   the company is planning to set up a total of 12 bio-
          expertise,  as  the  world’s  leading  diversified  packaging   refineries across multiple states which include Gujarat,
          company, will bring new capabilities to AEPW’s project   Haryana and Uttar Pradesh. The Planning Commission
          portfolio and brings us closer towards achieving our vision   of India suggests  supplanting 20% of India’s diesel
          of ending plastic waste in the environment.” This month,   utilization predominantly by non-eatable Jatropha oil
          Amcor partnered with US-based management consulting    and Pongamia. Biorefinery could be perhaps the best
          firm McKinsey & Company (McKinsey) to develop recycling   remedy for overcoming this macro issue. Spoilt and
          and waste management solutions for use in Latin America.   surplus foodgrain, sourced from the Food Corporation of
          AEPW,  which  currently  has  57  member  companies,  is   India (FCI), will fill in as feedstock to make ethanol, for
          partnering with governments, NGOs and communities      mixing with petroleum and diminishing reliance on raw
          around the world to tackle the issue of plastic waste   petroleum imports Both IOC authorities appreciated the
          through various actions and projects. Examples of the   Telangana government for its proactive reaction and
          Alliance’s current projects include Project STOP Jembrana   recommending two areas for the plant in the State.
          in Indonesia, where a new waste management system is   Biodiesel is an alternative fuel, having diesel like
          being built to address high volumes of plastic waste. The   properties, synthesised by a simple chemical reaction
          local community is being empowered to collect, sort, and
          sell their own waste. Another example of the Alliance’s   of alcohols with vegetable oils. It is commonly made
          work  is  the  End  Plastic  Waste  Innovation  Platform,   from edible oils like soyabean, rapeseed and palm oil in
          which fosters startups across the plastic value chain to   the world. However, non-edible tree borne oil seeds of
          accelerate innovation to eliminate plastic waste.      Jatropha and Karanjia are material of choice for India.


                                                                                  15    March 2021     Plastics News
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