UFlex Joins Alliance To Promote Circular Economy UFlex, reportedly India’s largest flexible packaging company, has become a member of Alliance to End Plastic Waste (Alliance), a global non-profit organiza- tion with a mission to eliminate plastic waste in the environment. Through this affiliation, UFlex aims to contribute to and guide the Alliance and its members about sustain- ability practices that it has been following for years to mitigate plastic waste issues.The company’s goal is to globalize these practices while implementing them across the globe.With support from theAlliance,UFlex also intends to promote and drive sustainable actions within the regions where it is present as a packaging company. Global Network Founded in 2019,Alliance has convened a global net- work of corporations, project partners, and supporters across the plastics value chain.TheAlliance undertakes joint initiatives with member organizations across the world to minimize and manage plastic waste in the en- vironment. It adopts a quadrangular approach to take collective actions, which includes the development of infrastructure for collection and management of plas- tic waste; Innovation and creation of new technolo- gies to advance a circular economy for plastic waste; Education and engagement with various stakeholders to mobilize action towards meaningful solutions; and cleanup up of areas by working with partners to ad- dress plastic waste at source. UFlex has been working on upholding the utility of plastic in the economy for over three decades.Accord- ing to UFlex, it was the first company in the world to recycle mixed plastic waste for which it earned rec- ognition at the Davos Recycling Forum in 1995. It has been recycling its own and partner companies’ indus- trial plastic waste since then. Under its global sustainability initiative,“Project Plas- tic Fix” in early 2020, UFlex extended its efforts to in- clude post-consumer plastic waste by setting up lines at its plant in headquarter city Noida to recycle, as well as upcycle, post-consumer MLP mixed plastic waste and PET bottle waste into PCR grade packaging films (PCR PET & PCR PE) and injections moulding equip- ment. UFlex is scaling up its recycling infrastructure with the commissioning of similar facilities in Mexico and Poland to repurpose plastic waste coming from households locally. Moreover, it is developing enzyme based biodegradable solution that converts uncollect- ed plastic waste into biomass. UFlex is in the process of further investing close to (Cont’d on Page 12)
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