Recycling growing in India's vast market

By Satnam Singh
Correspondent

Published: April 4, 2013 1:41 pm ET
Updated: April 4, 2013 1:43 pm ET

Related to this story

Topics Sustainability Recycling
Companies & Associations

BANGALORE, INDIA — India's finance minister is emphasizing the importance of promoting a waste-to-energy program.

"India tosses out several-thousand [metric] tons of garbage each day," said Shri Palaniappan Chidam¬baram in presenting the country's fiscal 2013-14 budget proposal to Parliament.

"We will evolve a scheme to encourage cities and municipalities to take up waste-to-energy projects in the [public-private partnership] mode, which would be neutral to different technologies."

The plan could provide a much-needed impetus to India's recycling industry. It would explore viability gap funding, repayable grants and low-cost capital.

Gujarat, which recycles about a fourth of the plastics waste of the country, is regarded as one of the most environment-friendly states in India. More than 10 percent of the plastic products in the state are recycled, according to a study by Recycle Trade India, a recycled-material exchange in Bangalore. Around 4.4 billion pounds of plastics are recycled annually in India; Gujarat alone recycles about 1.1 billion pounds of that amount.

Still, the country's government is far from pro-plastic. For example, India's biggest government-owned transport company, Indian Railways, plans to replace its plastic cups with ones made from bio-based and recycled material for catering purposes.

Despite such challenges, India's plastics recycling industry appears to be upgrading itself, according to many companies that exhibited at Plastasia, held Feb. 22-25 in Bangalore.

"Plastic recycling is growing in India and the market is huge," said Bhavik Mehta, senior marketing executive at Leevams Inc. The Vadodara-based company represents many European recycling equipment companies in India including Erema, Neue Herbold, Kongskilde and Weima.

"We have grown around 30 percent each year from the last five years and hope to grow 40 percent this year," Mehta added.

"We will soon be making pulverizers," said Mehta, adding that the firm plans to license production of Weima shredders soon.

Jiaxing, China-based Zhejiang Boretech Co. Ltd. also is active in India. "We have supplied 34 PET [post-consumer] bottle recycling systems in India in last five years," said company representative Alex Xiang.

Boretech supplied 70 recycling and washing lines up to 2012. The firm is now focusing on Africa also. "PET recycling is new to Africa and we are working on a number of projects in Tanzania, Sudan, Egypt and South Africa," he said.

S+S Separation and Sorting Technology GmbH of Schönberg, Germany, also has a presence in India. Marketing & Sales Pvt. Ltd. aided S+S in setting up a Pune office for the service, installation and commissioning of S+S recycling equipment. M+V is part of German business development firm Maier + Vidorno GmbH of Cologne.


Comments

Recycling growing in India's vast market

By Satnam Singh
Correspondent

Published: April 4, 2013 1:41 pm ET
Updated: April 4, 2013 1:43 pm ET

Post Your Comments


Back to story


More stories

Image

Dow Chemical sees potential for PE growth in packaging

March 30, 2015 1:17 pm ET

The packaging market continues to provide growth for the polyethylene business of Dow Chemical Co. — which is a good thing, since the firm will ...    More

Image

Nanotechnology isn't science fantasy

March 30, 2015 12:15 pm ET

ORLANDO, FLA. — Nanotechnology is fast moving from the world of science fiction to science fact, with developments and...    More

Image

Mucell adds polypropylene parts to its potential resin applications

March 30, 2015 11:59 am ET

Structural polypropylene applications are now candidates for the use of Mucell microcellular foaming technology.    More

Image

Light shines on plastics innovation

March 30, 2015 10:57 am ET

The Society of Plastics Engineers shone a light on the benefits of plastic at NPE with its Plastics for Life competition, with the Grand Prize going...    More

Image

Sipospack to build new flexible packaging plant in Hungary

March 30, 2015 9:38 am ET

Hungarian flexible packaging producer Sipospack Kft. is investing nearly 3 million euros ($3.2 million) in an expansion at a new site at Sóskút in cen...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events