Recykal (PRO) – A perfect platform for EPR

| 27 Min read Abstract In the past few decades in the developed world and more recently in India, Extended Producer Responsibility (EPR) has been viewed as a promising alternative to traditional waste management policy. In most cases it is impractical and infeasible for firms to manage their own EPR operations due to which they outsource it to third […]

Circular economy,   next stop for start-   ups

| < 1 Min read Opportunities in the circular economy are put at $500 billion, says Abhay Deshpande, Founder of Recykal As sustainability campaigns gaining strength across the world, the start-ups can now look at tapping huge opportunities in the circular economy, which calls for reusing, recyling and refurbishing natural resources. “In India, the opportunities in the circular economy are […]

How to beat PET scrap volatility with an eye on global crude

| 2 Min read Synopsis Recykal plans to use these funds for strengthening its technology, expanding its B2B marketplace pan-India and building hyper-local waste processing infrastructure. Chennai: Waste-commerce solutions provider Recykal on Tuesday announced that it has raised $22 million in funding by investment funds managed by Morgan Stanley India. The company works with several of the world’s largest consumer […]

Draft Gazette Notification on EPR Rules October 2021

| 9 Min read The latest Draft Gazette notification on EPR rules by the Ministry of Environment Forest and Climate Change (MoEFCC) was released on 6th October 2021. The Draft has brought in new/changes in the following specific areas: Applicability of the EPR Rules Registration procedures Targets Obligations w.r.t plastic packaging Reuse Recycle Use of Recycled Content End of […]

Price Trends for PET Scrap in September

| 2 Min read The average prices of PET scrap saw a consistent rise across the month. It should be noted that the prices across the country varied by at least 5-6% and the price fluctuation due to local factors has impacted the national average. A consistently high rate was observed in Himachal Pradesh with ₹ 48.5/Kg at the […]

Are PET Bottle Scrap imports banned in India?

| 3 Min read Yes, the import of PET Bottle scrap is banned in India. Once upon a time, India was one of the largest importers of PET bottle scrap, after China. India imported large volumes of PET scrap from the USA, Europe, and the Gulf countries. The booming recycling industry heavily relied on PET imports, .i.e nearly 70-80% […]

Recykal Stories: Agriculture Plastic Waste gets a new life

| 4 Min read “The waste generated on a farm decomposes, except for PLASTIC” Plastic waste mismanagement is a growing issue across the world and in India. The same applies to Agricultural Plastic Waste (APW). Agriculture and its allied sectors are the single largest source of livelihood for many in India; accounting to 17-18% of the country’s GDP. The […]

5 reasons how seasons affect PET bottle prices

| 3 Min read PET bottle and its market importance PET or Polyethylene Terephthalate is a Code ‘1’ plastic widely used for beverage and water bottles across the world. Due to its excellent water barrier, non-toxic nature and material strength, PET plastic is used across multiple packaging products.  An approximate 480 billion PET plastic bottles are used globally, of […]

Price trend of scrap PET bottle prices in January 2022

| 2 Min read The average prices of scrap PET bottles saw a rise, where the start of the  month started at a low of ₹ 48.5/kg and reached a high of ₹ 52.4/kg . The price fluctuation was due to multiple reasons: Winter season Rise in Crude oil prices Rate increase of Virgin Fibre COVID-19 Pandemic A consistently […]

EPR and Sustainability As A Revenue Catalyst

| 2 Min read Over a decade ago, when sustainability was mentioned, no one bat an eye as it wasn’t gravely needed. With massive industrialization and urbanization, the quantity of waste being generated has increased manifold. The problem of waste can no longer be ignored. To curb this issue, the Govt of India has introduced Extended Producer Responsibility (EPR) […]