In a significant move towards enhancing the availability of post-consumer recycled resin (PCR) and bolstering sustainable manufacturing practices, Pashupati Group, a veteran leader in sustainable recycled resins, has partnered with Recykal, a pioneering cleantech startup specialising in managing marketplaces for PCR. This collaboration marks a pivotal step in their joint commitment to amplify the channelisation of PCR resins to meet the growing demand from brands and manufacturers while promoting environmental stewardship.
Pashupati Group, with a rich legacy spanning 45 years in sustainable solutions, has been at the forefront of recycling plastics, including PET and Polyolefin. With four recycling facilities and two packaging units across India boasting a combined processing capacity of 300,000 tonnes, the group prevents a staggering 10 million PET bottles and 2 million Polyolefin bottles daily from ending up in landfills or water bodies. Renowned globally for product quality and consistency, Pashupati Group exports sustainable recyclates and value-added products with recycled contents to over 25 countries.
On the other hand, Recykal, renowned for its innovative tech-driven marketplace, Recykal8, facilitates the seamless flow of post-consumer waste materials, including PCR resins, PET flakes, fibre, and yarn, catering to the diverse needs of brands, recyclers, and producers across industries. By forging strategic partnerships and serving as a sales and marketing ally for recyclers, Recykal aims to amplify its impact in promoting circularity and meeting market demands.
The alliance between Pashupati Group and Recykal signifies a shared vision to foster a sustainable circular economy ecosystem with a lasting positive impact on the planet. Through this partnership, Pashupati Group will leverage Recykal8’s advanced marketplace to access high-quality PCR materials, thereby promoting eco-friendly and responsible manufacturing processes. This collaboration will not only accelerate the supply of regular and consistent quality PCR resin but also enable brands to source sustainable packaging materials at scale without compromising on quality or compliance.
Bankey Bihari Goenka, Managing Director at Pashupati Group, expressed enthusiasm about the partnership, emphasising the group’s dedication to fostering a greener future through sustainable practices. He highlighted the collaboration’s role in accelerating the supply of quality post-consumer recycled resin while complying with international quality standards.
Abhay Deshpande, Founder and CEO of Recykal, echoed similar sentiments, expressing delight in partnering with Pashupati Group, a trailblazer in sustainable manufacturing. He emphasised Recykal’s commitment to facilitating a seamless flow of recycled materials through Recykal8, thereby driving market sustainability and supporting Pashupati Group’s vision for a more eco-conscious industry.
