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Indian Srichakra Polyplast commissions food-grade plastic recycling facility

September 17/2021

MOSCOW (MRC) -- Srichakra Polyplast has commissioned a food-grade quality recycled polyethylene terephthalate (PET) pellet facility and a new polyolefins recycling facility to produce deodorised bottle-to-bottle grade quality polyolefin pellets, according to The Hindu BusinessLine.

The Hyderabad-based plastic recycling and waste management company has invested USD10 million to strengthen its recycling capabilities for high grade recycled plastic to customers in India and global markets such as Europe and the United States.

The companys new facility features US Food and Drug Administration-approved technology provided by Starlinger.

The company produces food-grade quality PET pellets, which can be used to produce food and beverage packaging such as water, carbonated soft drink and juice bottles as well as takeaway containers, and high quality deodorised polyolefin pellets, which can be used in home and personal care product packaging such as lotion, shampoo and detergent bottles.

Ravindra Venkata, CEO and Co-founder of Srichakra, said, The new facility enables us to produce food-grade quality recycled plastic for customers and also gives locally-sourced plastic a new life, preventing it from entering the environment.

We remind that, as MRC reported earlier, in October 2020, ALPLA Group, a global specialist for packaging solutions and recycling, acquired a facility in Western India for the production of preforms for PET bottles from the packaging company Amcor. ALPLA Group had taken over a plant for rigid plastics in India from the global packaging specialist Amcor with effect from September 28, 2020. The plant in Alandi, West India, is in the immediate vicinity of the metropolis of Pune. It manufactures preforms for the production of PET bottles for the beverage industry. Customers include Coca-Cola and the Indian dairy company Amul.

According to MRC's ScanPlast report, Russia's estimated PET consumption totalled 411,200 tonnes in the first six month of 2021, up by 12% year on year. Russian companies processed 62,910 tonnes in June, compared to 85,890 tonnes a month earlier.
Author:Margaret Volkova
Tags:Europe, PP, PE, PET-granulate, recikling, packaging, PET bottles, Alpla, Srichakra Polyplast, India, USA.
Category:General News
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