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Reliance Industries to double PET recycling capacity

| By Mary Bailey

Reliance Industries Ltd. (RIL; Mumbai, India) is doubling its PET recycling capacity by setting up a recycled polyester staple  fiber (PSF) manufacturing facility in Andhra Pradesh.  As a part of this endeavor, Srichakra Ecotex India Pvt. Ltd. will build and operate exclusively  for RIL the new recycled PSF Recron GreenGold and PET flakes washline 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. 
RIL will empower entrepreneurs to divert postconsumer used packaging from landfills, setup recycling facilities and create wealth from waste throughout the country. RIL is driving various initiatives such as Fashion for Earth in partnership with Lakmé Fashion Week and the United Nations in India, Hub Excellence Programme and Circular Design Challenge to inculcate circularity and sustainability concepts in polymer, textile and fashion industries.


Commenting on the development
, Mr. Vipul Shah, COO Petrochemicals Business, RIL,  said, “The expansion of PET Recycling capacity is part of Mr Mukesh Ambani’s vision to  transform our legacy business into sustainable, circular and net zero carbon materials business and support the entrepreneurs to take risk throughout the value chain. RIL is committed to development of entire value chain and it shares expertise and technical knowhow with the entrepreneurs to produce top quality products at lowest possible costs. RIL has underwritten the entire production from Srichakra’s facility to provide support for development of the business.”