Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    SCZONE showcases investment opportunities to eight Japanese companies    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Tetra Pak still pursuing recycling project, looks at other partners
Recycling project initially announced in 2013, but no progress yet made; company aims to start by end of next year
Published in Daily News Egypt on 06 - 07 - 2015

Tetra Pak, a leading food processing and packaging solutions company, is still pursuing the recycling project it announced in 2013 with Akef Pack-tec, an Egyptian shopping bag manufacturing company.
It is now, however, looking at a number of other companies with which to undertake the project, according to Anders Lindgren, Tetra Pak Egypt's managing director.
Akef Pack-tec has not brought the focus onto this project, due to its having started to gain other businesses, which resulted in the delay, Lindgren noted.
"We can't do it by ourselves, so we need someone to do it," Lindgren said. "We have an agreement with [the company], but that hasn't happened yet so we are looking at other partners."
On why the project was hindered, Lindgren said that there were two main reasons.
In 2013, the company announced its plans to donate €250,000 to establish a recycling project. At the time, Lindgren told Daily News Egypt: "Around 90% of the recycled used beverage cartons [UBCs] are Tetra Pak's."
"There was rather a technical solution that we all thought would be the right solution for Egypt and the other thing is that [the company] has a lot of other businesses, so it's about business priorities as well," Lindgren added.
Lindgren said that his company remains committed to "make the project happen" by the end of next year.
In 2013, Lindgren highlighted that "currently around 35,000 tonnes of UBCs are recycled. Tetra Pak recycles around 20% of that, which is 5,000 to 6,000 tonnes."
The company's €250,000 donation, he said, would help boost that share from 20% to 30%, bringing final recycling capacity to 12,000 tonnes.
Tetra Pak packs 3bn packages annually. The company's managing director said that the company would need to pack between 5bn to 7bn packaged to construct a packaging factory. The company's profits grow by 15%-20% year-on-year.


Clic here to read the story from its source.