Unilever announced that it has signed a cooperation agreement with Veolia, a global resource optimization management company, to jointly develop emerging technologies to help establish a plastic recycling economic circle in different regions of the world. The cooperation project will start from two countries, India and Indonesia.
In reaching this important agreement, Unilever and Veolia clearly recognized that dealing with plastic waste is a shared responsibility of all parties and requires bold action throughout the value chain to develop and expand waste collection and Processing infrastructure, which is critical to the transition to a circular economy.
The three-year collaborative project will focus on material recycling, which will help bring recycled materials into the industry value chain. Unilever and Veolia will implement second-hand packaging recycling programs, increase recycling capacity, and develop new plastic processing technologies and business models through collaborative projects at different national levels.
Marc Engel, Unilever's chief supply chain official, said: "The problem of plastic waste pollution has become more and more serious. It is expected that the production of plastics will double in the next two decades. The situation will be even more severe. To deal with this critical issue We still have a lot of work to do. We hope that by working with Veolia, we can make meaningful progress in promoting the development of circular economy.
“There is no doubt that we urgently need to change the management model of the plastic packaging life cycle to greatly reduce the environmental impact of plastic waste. This requires all participants in the entire industry chain to develop a new cooperation model,” Veolia Development, Innovation and Market Senior Executive Vice President Laurent Auguste said.
“Through this global partnership, Veolia and Unilever will join forces to lead in all regions of the world, from waste collection to recycling, to reshape a new future for the affordable and sustainable packaging industry. ”