Aarti Industries Ltd, through its subsidiary Aarti Circularity Ltd (ACL), has announced a groundbreaking joint venture with Re Sustainability and Recycling Private Limited (ReSRL) to revolutionize plastic recycling in India. This partnership aims to transform plastic resource recovery and sustainable resource management practices, marking a significant step towards achieving a circular economy.
The joint venture will establish Plastic Materials Recycling Facilities (PMRFs) focused on segregating, extracting, and recycling plastic waste to produce Advanced Circular Materials (ACM). These ACMs can be used as raw materials, fuels, or recycled polymer feedstock. With an ambitious target to reach a resource recovery capacity of approximately 500 tons per day by 2030, this venture aims to enhance both material and energy circularity by exploring diverse feedstocks, including those from ReSRL’s operations.
The first PMRF will be set up in Hyderabad, Telangana, laying the foundation for advanced recycling infrastructure in the region. This initiative is a critical milestone in India’s journey toward sustainable waste management, underscoring the commitment to sustainability and technological innovation. The JVCo plans to partner with leading technology providers to establish state-of-the-art recycling facilities that will set new benchmarks in the country’s recycling and waste management sectors.
