Reliance Industries announces expansion of its PET recycling capacity
- EP News Service
- Aug 04, 2021
MUMBAI: Indian multinational conglomerate, Reliance Industries Limited (RIL) today said that it is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh.
RIL’s initiative to more than double its recycling capacity to 5 billion post-consumer PET bottles will ensure India maintains over 90% recycling rate. RIL is focusing on sustaining India’s post-consumer PET recycling rate which is currently the highest in the world. At present, RIL converts more than 2 billion post-consumer PET bottles into fibers annually.
RIL currently recycles PET bottles at its Barabanki, Hoshiarpur and Nagothane plants. The post-consumer PET bottles are used as a raw material for manufacturing re-cycled polyester fiber. The fibers manufactured through this process are branded as Recron GreenGold and RIL through its Hub Excellence Partners (HEP) (selected downstream mills) manufactures R | Elan GreenGold fabrics, one of the greenest fabrics in the world.
As a part of this decision, plastic recycling and waste management company Srichakra Ecotex India will build and operate exclusively for RIL the new recycled PSF – Recron GreenGold and PET Flakes Wash-Line in Andhra Pradesh.
The move is a part of RIL’s commitment to lead the industry on the circular economy, enhance its sustainability quotient and bolster the entire polyester and polymer value chain, RIL has said in a media release.
The release said that initiative would empower entrepreneurs to divert post-consumer used packaging from landfills, set up recycling facilities and create wealth from the waste throughout the country, it added.
"RIL's initiative to more than double its recycling capacity to 5 billion post-consumer PET bottles will ensure (that) India maintains over 90 per cent (of) recycling rate. RIL is focusing on sustaining India’s post-consumer PET recycling rate, which is currently the highest in the world," the company said.
Reporter
Crisp, and to the point news coverage from India and around the world.
View Reporter News