PCG Inks MoU with KDEB,One Biosys For Supply of Plastics Waste to PCG

摘要

Bangkok-Petronas Chemicals Group(PCG)has signed a memorandum of understanding(MoU)with KDEB Waste Management(KDEBWM)and One Biosys for the supply of plastics waste to PCG for the production of circular products.Under the MoU,KDEBWM and One Biosys will provide PCG with plastics waste that consists of polyethylene,polypropylene and polyethylene terephthalate.In addition,the partners will evaluate the commercial viability of building waste segregation facilities in Malaysia to ensure effective plastic waste separation."We look forward to our partnership with KDEBWM and One Biosys,"said Mohd Yusri Mohamed Yusof managing director/chief executive of Petronas."The transition to a circular economy requires new solutions to address the gaps in the plastic value chain-from better waste management to improving the economic viability of recycling solutions.