Re Sustainability and Recycling Private Limited (ReSRL), a subsidiary of Re Sustainability Limited (ReSL), has joined hands with Aarti Circularity Limited (ACL), a wholly-owned subsidiary of Aarti Industries Limited (AIL), to establish a first-of-its-kind joint venture in India aimed at transforming plastic recycling.
The newly formed Joint Venture Company (JVCo) will focus on developing Plastic Materials Recycling Facilities (PMRFs) across India, driving sustainable waste management and resource recovery practices.
Revolutionizing Plastic Recycling
The PMRFs will play a pivotal role in segregating, extracting, and recycling various waste streams, particularly plastics, to produce Advanced Circular Materials (ACM). These materials will serve as raw materials, fuels, or recycled polymer feedstock, aligning with India’s broader sustainability goals.
As part of its ambitious vision, the JVCo has set a minimum resource recovery target of 500 tons per day by 2030. The venture will explore multiple feedstocks, including those from ReSL’s core operations, to maximize material and energy circularity.
Hyderabad to Host India’s First Advanced Plastic Recycling Facility
The first Plastic Materials Recycling Facility (PMRF) under this partnership will be established in Hyderabad, Telangana, marking a significant milestone in India’s waste management and recycling infrastructure. This facility is expected to set new benchmarks in sustainable plastic recovery, supporting the circular economy movement and reducing dependency on virgin resources.
Leaders Speak on the Collaboration
Masood Mallick, Managing Director & CEO of Re Sustainability, emphasized the strategic importance of the partnership:
“This collaboration is a significant step toward sustainable resource management. By combining our expertise in waste management with Aarti Industries’ legacy in specialty chemicals, we aim to build cutting-edge infrastructure that tackles critical waste challenges. Through advanced technologies, we seek to minimize environmental impact while fostering economic growth.”
Mirik Gogri, Director at Aarti Circularity Limited, highlighted the JV’s potential:
“This partnership between ACL and ReSRL is a game-changer, bringing together two industry leaders to tackle pressing environmental challenges. Our goal is to revolutionize plastic recycling in India by promoting a circular economy, reducing waste generation, and minimizing reliance on virgin materials.”
Re Sustainability Limited (ReSL), backed by KKR, is one of Asia’s leading environmental management service providers, specializing in recycling, resource recovery, and circular economy solutions. With 100+ operating locations worldwide, including India, Singapore, the UAE, Saudi Arabia, and the USA, ReSL is a major player in sustainable waste management.
Aarti Industries Limited (AIL) is a global leader in speciality chemicals, ranking 1st to 4th in 75% of its portfolio. The company is known for its commitment to sustainability, integrating cutting-edge technologies and environmental stewardship into its business operations.
A New Era for Plastic Recycling in India
This landmark joint venture is set to revolutionize India’s approach to plastic waste management, providing scalable and sustainable recycling solutions. With Hyderabad as the launchpad, the initiative is expected to reshape India’s plastic recycling industry and contribute significantly to the nation’s green economy.
