UFlex joins Alliance to end plastic waste
UFlex’s commitment to tackling plastic waste and its expertise to derive solutions and technologies that help recover and recycle post-consumer plastic waste has earned it the membership.
Founded in 2019, Alliance today has convened a global network of corporations, project partners, and supporters across the plastics value chain. The Alliance undertakes joint initiatives with member organisations across the world to minimise and manage plastic waste in the environment.
“As the issue of plastic waste moves up in the global sustainability agenda, our mission to develop, deploy and scale solutions to end plastic waste in the environment is more relevant than ever before. Strengthening participation across the plastics value chain with UFlex will help accelerate our collective efforts. Together, we can work towards helping to create a more sustainable future and I look forward to a fruitful partnership,” said Jacob Duer, President and Chief Executive Officer of the Alliance.
As an industry leader in sustainable flexible packaging solutions, UFlex values sustainability over profits. The company adopts a 4R approach:
Reduce plastic at source by manufacturing and using films made from PCR.
Recycle via upcycling and downcycling of MLP (multi-layered plastic) and PET bottles.
Reuse as source substitution via Pyrolysis.
Return to the planet in the form of biomass, if the plastic waste remains uncollected.
The organisation has been working on upholding the utility of plastic in the economy for over three decades, when recycling was still an undiscovered concept. According to UFlex, it was the first company in the world to recycle mixed plastic waste which earned it recognition at the Davos Recycling Forum in 1995. It has been recycling its own and partner companies’ industrial plastic waste since then.
Under its global sustainability initiative ‘Project Plastic Fix’, in early 2020 UFlex extended its efforts to include post-consumer plastic waste by setting up lines, at its plant in headquarter city Noida, to recycle as well as upcycle post-consumer MLP mixed plastic waste and PET bottle waste into PCR grade packaging films (PCR PET & PCR PE) and injections moulding equipment.
UFlex is scaling up its recycling infrastructure with the commissioning of similar facilities in Mexico and Poland to repurpose plastic waste coming from households locally. Moreover, it is developing enzyme based biodegradable solution that converts uncollected plastic waste into biomass.
“Plastic waste crisis is one of the most pressing global concerns of today and as a socially conscious organisation that has sustainability firmly entrenched at its very soul, we are aware that we need to find a solution collectively to enable co-existence of plastic and human race. The Alliance is the ideal forum for us to bolster our efforts and re-write the overall story of how plastic waste can be repurposed for good.
At UFlex, we strongly believe that the path to a plastic waste free environment is possible with a combination of recycling (mechanical & chemical) and biodegradability. Through our association with the Alliance, we look forward to sharing our knowledge with like-minded global leaders while learning from their approaches to build a circular economy forever,” UFlex Chairman & Managing Director Ashok Chaturvedi said.
UFlex is in the process of investing and has invested of late close to USD 10 million USD towards various initiatives undertaken at its overseas and Indian plants to repurpose plastic waste.
As a Board Member of the Alliance, it remains committed towards investments to support the Alliance define its programs for reducing mismanaged plastic waste and help achieve the common agenda to keep plastic waste out of the environment.
Towards this, UFlex will direct its resources, expertise and investments to deliver innovative sustainable packaging materials that address the issue of plastic waste; and implement effective waste management and recycling systems.