Sustainability takes centre stage at Global Conclave on Plastic Recycling
A Global Conclave on Plastic Recycling and Sustainability took place at Bharat Mandapam, Pragati Maidan, from 4 to 7 July. The four-day event was organised by the All-India Plastics Manufacturers' Association (AIPMA) and the Chemicals & Petrochemicals Manufacturers' Association (CPMA).
10 Jul 2024 | 1586 Views | By Abhay Avadhani
Plastic waste management is a global issue that demands collaboration among all value chain participants and the government. Emphasising the rising use of plastic and its environmental impact, various businesses and eminent experts highlighted the necessary steps towards sustainable solutions.
Al Mehtab Industries (AMI), dedicated to reducing carbon footprints and promoting ecological balance, participated in this event.
The event served as a platform for discussing innovations and advancements in plastic recycling. It brought together global leaders to share their insights on creating a greener tomorrow through sustainable practices in the plastics industry.
Ram Inder Singh Kochar, promoter and managing director of AMI, said, “India generates approximately 26,000 tonnes of plastic waste daily, with over 10,000 tonnes remaining uncollected. At Al Mehtab Industries, we are committed to leading the charge in promoting sustainable practices and innovative solutions to combat this pressing issue.”
During the event, speakers emphasised the need for recyclers to capitalise on business opportunities within the circular economy, especially as governments increasingly enforce plastic sustainability throughout the supply chain. Recycled PET, made from repurposed PET waste collected from businesses and consumers, stands out as a significant example of this effort.
The event highlighted business opportunities, trends, and innovations, illuminating prospects for trade across various sectors. The exhibition showcased sustainable products, boosted brand visibility, and introduced new offerings to industry professionals.
The show witnessed a group of exhibitors, including plastic recyclers, plastic machinery manufacturers, waste management agencies, biodegradable plastics producers, FMCG brand owners, and e-waste recyclers, among others.
The global market for plastic recycling is expected to grow from USD 42.4-billion in 2024 to grow at a CAGR of 9.3%, reaching USD 129.5-billion by 2035.
The conference was inaugurated by chief guest Nivedita Shukla Verma, secretary of the Union Ministry of Chemicals and Fertilizers. Mercy Epao, joint-secretary of the Union Ministry of Micro, Small, and Medium Enterprises, attended the session as the guest of honour. Other attendees included AIPMA president Manish Dedhia and CPMA president Kamal Nanavati.