Developing the Post Consumer Recycled - PCR resin (under P4G)
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Category:
Initiative
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Keyword:
PCR, packaging, EPR, private sector
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Stage:
2019 - 2020
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National Partners:
Vietnam Chamber of Commerce and Industry (VCCI)VBCSD
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International Partners:
P4G's National Platform Co-Chair
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Contact
VBCSD
Brief Innovation
The Post-Consumer Resin Market Development Partnership will gain commitments from consumer product companies in Vietnam to use recycled plastic (known as post-consumer resin) in their packaging materials and develop a plan for a local plastics recycling factory. The partnership developed an investment-ready model for building a state-of-the-art plastics recycling factory in Vietnam. When fully implemented, this partnership could result in US $15-20 million investment in Vietnam’s sustainable plastics economy, leading to less plastic ending up in oceans and landfills. By conducting a stakeholder mapping and market feasibility studies, the partnership identified design and technology requirements for the food-grade recycled polyethylene tetraphyte (rPET) resin factory
Overview
| Category: | Initiative |
| Keyword: | PCR, packaging, EPR, private sector |
| Donner: |
German development finance institution (DEG) |
| National Partners: | Vietnam Chamber of Commerce and Industry (VCCI)VBCSD |
| International Partners: | P4G's National Platform Co-Chair |
| Location(s) in Vietnam: | HCM |
| Location(s) in Other countries: | |
| Stage: | 2019 - 2020 |
| Total budget: | USD 99,850 |