Borealis reports progress on recycling in Indonesia
Publish date: 2024-03-21
Borealis AG, an Austria-based global provider of polymers for packaging materials, says the Project STOP effort it co-founded in Indonesia has provided comprehensive waste services to some 400,000 people from 2017 through the end of 2023.
The effort, operating in part in Banyuwangi, Indonesia, was jointly developed by Borealis and Systemiq, a London-based venture capital firm created to help companies attain United Nations Sustainable Development Goals and the Paris Agreement.
Borealis estimates more than 60,000 metric tons of material, including nearly 9,000 metric tons of plastic, have been successfully collected through Project STOP as of the end of last year. “This not only stops pollution from entering the environment, but it also shows the program’s direct, tangible contributions to responsible waste management,” Borealis says.
The effort, operating in part in Banyuwangi, Indonesia, was jointly developed by Borealis and Systemiq, a London-based venture capital firm created to help companies attain United Nations Sustainable Development Goals and the Paris Agreement.
Borealis estimates more than 60,000 metric tons of material, including nearly 9,000 metric tons of plastic, have been successfully collected through Project STOP as of the end of last year. “This not only stops pollution from entering the environment, but it also shows the program’s direct, tangible contributions to responsible waste management,” Borealis says.
source:Recycling today
