ENVICCO – Thailand's First and Southeast Asia's Largest High-Quality & Food-Grade Recycled Plastic Resin Plant, Aiming to Reduce Used Plastics in Thailand by 60,000 Tons/Year.
BANGKOK , Sept. 14, 2022 /PRNewswire/ -- PTT Global Chemical Public Company Limited (GC) has long been committed to building greater balance and sustainability for the future, with the ultimate aim of achieving Net Zero, or reducing greenhouse gas emissions across all operations to zero, by revolutionizing the use of circular resources. To this end, GC is proud to partner with ALPLA Co., Ltd. to introduce ENVICCO into our portfolio, the first plastic resin plant in Thailand and the largest in Southeast Asia to manufacture world-class high-quality and food-grade recycled plastic pellets. This plastic recycling plant, located at the Asia Industrial Estate in Map Ta Phut, Rayong, Thailand , will reduce the amount of domestically used plastics in Thailand by 60,000 tons/year, while decreasing greenhouse gases by 75,000 tons of carbon dioxide, equivalent to reforesting 78,000 rai of forest or more than 8,000,000 large trees.
Dr. Kongkrapan Intarajang, Chief Executive Officer, PTT Global Chemical Public Company Limited, said: "As the world's leading chemical company, GC has integrated the circular economy concept into their operations and business model to optimize the use of resources in order to improve the global quality of life, reduce climate impacts, and create global sustainability and balance. Today, GC is proud to reveal that ENVICCO is ready for commercial operation. Used plastics within the Kingdom of Thailand will make up 100% of the raw materials processed by ENVICCO's cutting-edge production technologies to transform used plastics into valuable products. These end products will hold equal quality and be nearly indistinguishable to brand new ones. The ENVICCO production plant is part of our long-term circular economy strategy to fully realize GC's value chain. It also has the added benefit of creating jobs within the community while simultaneously aligning with the Thai government's BCG Model (Bio-Circular-Green Economy Model)."
Gunther Lehner , Chairman of ALPLA Company Limited, said: "ENVICCO is one of the fastest built facilities in history. Thanks to our invaluable partnership with GC, this facility now stands at the forefront of our industry and will definitely play an important part in ALPLA's recycling business in Asia ."
ENVICCO is a world-class facility, equipped and operated to international production standards, manufacturing high-quality and food-grade recycled plastic resins that are certified by the US Food and Drug Administration (US FDA). The facility features state-of-the-art European technologies and quality control systems throughout the manufacturing process, resulting in consistently high-quality and safe products for consumers. ENVICCO Limited is the joint venture between GC and ALPLA, the world's leader in plastic and recycled plastic containers. Both companies are fully committed in preserving the value of plastics as much as possible.
The newly built plant has a maximum production capacity of 45,000 tons of recycled plastic resins each year, which can be divided into 30,000 tons of rPET resin and 15,000 tons of rHDPE resin. ENVICCO operations will reduce plastic waste by 60,000 tons per year and reduce greenhouse gas by 75,000 tons of carbon dioxide, equivalent to reforestation of 78,000 rai or planting 8.32 million large trees.
In addition, GC has also partnered with various organizations to educate the public on waste management and separation through many projects, including Upcycling the Oceans, Thailand , ThinkCycle Bank, and PPP Rayong. Recently, GC also established the YOUTURN platform – a comprehensive used plastic management platform, in accordance with circular economy principles, that supports gathering, separating, and transporting used plastics to be recycled into lifestyle products at the ENVICCO plant. This scalable platform is easily accessible, fits everyone's lifestyles, encourages waste separation, contributes towards the country's greenhouse gas emission reduction targets, and ultimately helps us create a better world for the next generations to come. Together To Net Zero.
About PTT Global Chemical Public Company Limited (GC)
GC has a vision to be the world's leading global chemical company for better living, combining environmentally friendly innovations with advanced technologies to develop products that improve people's lives. GC Group has been rated number one in the world for sustainability in the DJSI Chemicals Sector for 3 consecutive years. Aligned with the Paris Agreement, GC Group aims to reduce current greenhouse gas emissions by 20 percent by 2030 on our journey towards achieving Net Zero by 2050.
ALPLA is one of the world's leaders in the development and production of innovative plastic packaging solutions. We have 177 manufacturing factories in 45 countries with 22,100 employees. We custom-make innovative packaging systems, bottles, caps, and injection-molded parts for a wide range of industries, such as food and beverages, beauty care, pharmaceuticals, homecare, oil, and lubricants.
ALPHA has founded PET and HDPE recycling plant in Austria , Germany , Poland , Mexico , Italy , Spain , Romania , and Thailand , with other projects soon to follow.
Follow GC news at: www.pttgcgroup.com / LINE: @GCofficial / Facebook: @GC.CorporateOfficial
View original content to download multimedia:https://www.prnewswire.com/news-releases/gc-revolutionizes-circular-resource-management-with-the-opening-of-envicco-301624056.html
SOURCE PTT Global Chemical Public Company Limited
Plug Power and Bloom Energy both announced new business achievements this week, but they were overshadowed by broader economic trends.
I own two energy stocks and both have big yields, solid businesses, and plans for the long-term energy future.
The Carlsbad Desalination Plant in Southern California is the largest such plant in the Western Hemisphere, providing 50 million gallons of desalinated seawater per day. Reed Kaestner via Getty ImagesCoastal urban centers around the world are urgently looking for new, sustainable water sources as their local supplies become less reliable. In the U.S., the issue is especially pressing in California, which is coping with a record-setting, multidecadal drought. California Gov. Gavin Newsom recentl
The network of pipes, pumps, and valves that make up the country's water systems is old and overwhelmed. For investors, the thirst to fix it means opportunity.
Deal with TC Energy called 'crucial' for North America
NJ Gov. Phil Murphy announced new goals for the state's offshore wind development, pushing up timelines for electricity generated by ocean breezes.
Hurricane-force winds and up to a foot of rain are expected in some areas
(Bloomberg) -- China is poised to export a lot more fuel as Beijing strives to boost its economy by raising refinery runs amid flagging local consumption. Most Read from BloombergJapan to Restore Visa-Free Travel From Oct. 11 as Covid Pandemic Recedes South Korea President Caught on Hot Mic Insulting US CongressBank of England Says Paper Banknotes Only Good for One More WeekUnless Rents Rise, Housing Is Set Up for an Epic CrashA Great Copper Squeeze Is Coming for the Global EconomySome 15 millio
Spiralling energy costs have forced steel makers to cut output across Europe, threatening mass plant shutdowns some warn could be permanent in a sector that employs more than 300,000 and contributes tens of billions of euros to the region's economy. Even with four wind turbines and over 50,000 solar panels at its site in eastern Belgium, stainless steel maker Aperam has been forced to halt production as surging energy prices bite. The company is now paying for energy in a month what it used to pay in a year and has idled a facility that would normally be melting stainless steel scrap and converting it into giant slabs, employing about 300 workers.
Ted Williams attacks the American West's sentimentality about wild horses and burros, describing them as non-native destroyers.
Canada is bracing for what has the potential to be one of its worst storms on record. Hurricane Fiona has already killed at least five people across the Caribbean, and the storm is making its way up the Atlantic Ocean. Nova Scotia's Minister of Municipal Affairs and Housing John Lohr, who oversees the province's Emergency Management Office, joined CBS News to discuss Canada's preparedness for the storm that meteorologists warn could be a "landmark weather event."
These columns present opinions from area writers on the threats facing the springs of North Florida along with the reasons they are so special.
The fund includes companies in water-related businesses and those demonstrating sound water management.
All eyes are on the tropics as we monitor Tropical Depression 9.
When an undersea volcano erupted in Tonga in January, its watery blast was huge and unusual — and scientists are still trying to understand its impacts. The volcano, known as Hunga Tonga-Hunga Ha’apai, shot millions of tons of water vapor high up into the atmosphere, according to a study published Thursday in the journal Science. The researchers estimate the eruption raised the amount of water in the stratosphere — the second layer of the atmosphere, above the range where humans live and breathe — by around 5%.
On Monday, a JetBlue flight reportedly traveled above Hurricane Fiona in an unusual flight path. The plane flew at 30,000 to 34,000 feet, as storm clouds reached 45,000 feet.
The Biden administration is reportedly considering replacing World Bank President David Malpass, appointed by President Donald Trump in 2019, for his reluctance to accept the science of climate change. Malpass said he won’t resign, setting up a potential showdown over control of the institution.
Progressive public relations guru David Fenton says organizations fighting global warming are ignoring well-known rules about how to sway public opinion.
A growing number of businesses, including grocery stores and gas stations, are temporarily closing across Puerto Rico as power outages caused by Hurricane Fiona drag on in the U.S. territory, sparking concern about the availability of fuel and basic goods. Betty Merced, a retiree who lives in the southern coastal city of Salinas, said she has spent several days looking for diesel to fill up her generator to no avail.
Story at a glance Thousands of people in Puerto Rico are still without electricity and clean water after Hurricane Fiona struck the island on Sunday. The hurricane reached the island’s southwestern coast a few days before the five-year anniversary of Hurricane Maria. Two environmentally friendly prototype homes were able to keep the lights on during…