Encina and Blue Planet Partner to Divert 2.6M Tons of Plastic Waste Annually
- 10-Oct-2024 2:07 PM
- Journalist: Robert Hume
Encina Development Group, LLC (Encina) and Blue Planet Environmental Solutions Pte Ltd. (Blue Planet) have announced the signing of a Global Memorandum of Understanding (MoU) to supply hard-to-recycle waste streams as feedstock for Encina’s innovative circular manufacturing process. Encina aims to decarbonize the global chemicals industry by producing ISCC PLUS certified circular chemicals derived from waste. Blue Planet, headquartered in Singapore, is a leading global player in sustainable waste management, providing comprehensive services from waste generation to collection, segregation, treatment, processing, and the sale of energy and other waste-derived products.
Under the MoU, Blue Planet will supply feedstock to Encina’s circular manufacturing facilities located in various regions, including the Americas, Saudi Arabia, India, and Southeast Asia, all of which are currently in the early stages of development. Blue Planet will source this feedstock from its extensive global network of material recovery facilities (MRFs), which utilize advanced sorting technologies and innovative processes to effectively capture hard-to-recycle plastic waste. This collaboration will enhance Encina's process for producing certified circular chemical products, ensuring that the final outputs comply with ISCC+ certification standards.
David Roesser, CEO of Encina, emphasized the significance of the partnership, stating, “Blue Planet’s reputation as a pioneer in sustainable waste management solutions makes them an ideal partner for Encina. We share a common goal: to create products and solutions that support global decarbonization and advance sustainability.” Encina utilizes a unique integrated single-stage catalytic conversion process to manufacture drop-in circular chemicals. This process transforms waste streams, such as end-of-life plastics, into their fundamental building blocks, which can then be used to produce new products. Encina’s circular materials offer customers in the chemical manufacturing sector a low-carbon, molecularly identical alternative to traditional fossil-fuel-derived chemicals.
Prashant Singh, Co-Founder and CEO of Blue Planet, highlighted the collaboration's broader impact: “This partnership enables us to tackle the global waste challenge more effectively by not only diverting plastic waste from landfills but also transforming it into valuable resources that contribute to a sustainable future. Together, we are closing the loop on waste while driving the decarbonization of the chemical industry.”
Through this partnership, Encina and Blue Planet are taking significant steps towards a more sustainable and circular economy, addressing the pressing issue of plastic waste while simultaneously promoting decarbonization in the chemicals sector. The collaboration represents a crucial effort to create valuable resources from waste, ultimately fostering a more sustainable future for all.
Encina Development Group is focused on decarbonizing the global chemicals sector by producing ISCC PLUS circular chemicals sourced from waste streams, including end-of-life plastics that would otherwise be sent to landfills or incinerated. Their products offer chemical manufacturers a low-carbon, molecularly identical alternative to conventional fossil-fuel-derived chemicals, applicable across various industries such as consumer goods, packaging, pharmaceuticals, construction materials, and beyond.