UAE waste management firm acquires one of Europe’s ‘most advanced’ used plastic bottles, bags recycling plant leader

‘Soreplastic is one of Europe’s most advanced and powerful recycling plants for used polyethylene (plastic bags)

BE2C2 Report— A UAE firm that offers sanitation, energy and wastewater treatment services has acquired a Belgian recycling plant leader and aims to expand its portfolio by including recycling of plastic bags– an emerging multi-million dollar market in the Emirates.

According to reports, many people say “UAE is developing into a ‘throw-away society’, because we are filling up our environment with so many plastic bags, bottles, and rubbish that we cannot fully dispose.”

Visionscape’s foray  into plastic recycling is good news, said one expert, adding that we need more such independent and private or public-private initiatives.

According to Habiba Al Marashi, Chairperson of Emirates Environmental Group (EEG), “In UAE, 12 million (plastic) bottles are sold each year. Plastics make up around seven per cent of the average household trash.”

According to a survey conducted by the Ministry of Environment and Water in 2013, 30 per cent of the residents in the UAE use 20 plastic bags a week.

It is said that a typical useful lifespan of a plastic bag is 12 minutes,” said Habiba to Khaleej Times in an interview. Once thrown out, a plastic bag reaches the landfill where it takes almost 1,000 years to decompose. The key to the issue is good environmental management and recycling. “We must follow the three Rs – Reduce, Reuse and Recycle. Banning such a versatile material is not just impractical but will also adversely affect economies around the world.”

According to the Science journal and the most comprehensive study on plastic pollution, eight million tons of plastic was thrown into oceans in the year 2010,” said Habiba.

The study also shockingly reported that 192 nations across the world produce 275 million tonnes of plastic waste.

The Dubai-based Visionscape said it has has completed the purchase of business and assets of Belgium-based Soreplastic. It said the firm is “one of Europe’s most advanced and powerful recycling plants for used polyethylene.”

The acquisition will enable the firm to offer a host of recycling and related services to municipalities, cities and businesses across its services market, the firm said.

The Belgium company primarily focuses on recycling of polyethylene film, and has a capacity to process some 20,000 tons per year. Post-consumer film from global markets is recovered and converted back into high-grade PE repellets – a much sought-after raw material.

Visionscape seeks to utilize the technology and business model and offer similar value-added services to its clients.

Visionscape said it aims to reinvent waste management processes, specific to emerging markets, utilizing latest technology and tools to address the waste management needs of megacities.

Currently, Visionscape offers it’s services across commercial, residential, industrial, and healthcare clients.

Visionscape executive director Harry Ackerman said: “We are very pleased to complete this transaction as we move ahead with our strategy to expand our portfolio. We look forward to working with our new team members, exploring the opportunities and maximizing the value that Soreplastic’s innovative capabilities adds to the Visionscape Group.”

“We are passionate about broadening our expertise and meeting the needs of the customers in the communities we serve,” stated Ackerman.

Soreplastic is one of Europe’s most advanced and powerful recycling plants for used polyethylene.

It brings to the Visionscape years of experience, starting in late 2011, the company primarily focuses on the recycling of polyethylene film, and has a capacity to process some 20,000 tonnes per year.

Post-consumer film is recovered from global markets and converted back into high-grade PE repellets – a much sought-after raw material.

As per the terms of the agreement, Vincent Sciascia, the managing director of Soreplastic, will be staying on in his capacity.

“We’ve had a long history of success and are very excited as we know Visionscape is the best suited home for us going forward. I know all parties involved will benefit greatly from this transaction,” Sciascia said.

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