SUSTAINABILITY
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 in its headquarter city Noida . Its plant in Noida recycled and upcycled post-consumer MLP mixed plastic waste and PET bottle waste into PCR grade packaging films ( PCR PET & PCR PE ) and injection molding equipment . UFlex is scaling up its recycling infrastructure by commissioning similar facilities in Mexico and Poland to repurpose plastic waste from households locally . Moreover , it is developing an enzyme-based biodegradable solution that converts uncollected plastic waste into biomass .
On joining the Alliance , UFlex chairman , and managing director Ashok Chaturvedi , said , “ Plastic waste crisis is one of the most pressing global concerns of today , and as a socially conscious organization 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 the 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 is in the process of investing and has invested of late close to US $ 10 million towards various initiatives undertaken at its overseas and Indian plants to repurpose plastic waste . As a Board Member of the Alliance , it remains committed to investments that support the Alliance to 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 plastic waste and implement effective waste management and recycling systems . z
– Naresh Khanna
According to Uflex , its steadfast commitment to tackle the problem of plastic waste and its expertise to derive solutions and technologies that help recover and recycle post-consumer plastic waste and help plastic find a purpose beyond its original use , has earned it a membership berth with the Alliance