Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
Login Register

Applications

KRAIBURG TPE launches TPE-EPDM adhesion for automotive application

Amcor and AVON launch AmPrima Plus refill pouch for shower gels

Covestro’s Makrolon RE chosen for TV box housing

Products

SK Leaveo breaks ground on a biodegradable material plant in Vietnam

MOL inaugurates EUR 1.3 billion polyol complex in Hungary

Lubrizol launches new bio-based TPU for hot melts and extrusion

Activities

  • Round Table at Fakuma 2023: “Plastic – Recyclable Rather Than Problem Material!”

  • ArabPlast 2023 – The Success Journey Continues………..

  • GREAT NEWS! INAPA 2023 IS COMING BACK 24 - 26 May 2023 at JIExpo Jakarta, Indonesia

Pictorial

Industry And Market

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Recycling and Circular Economy

Exhibition And Conference

CHINA FOCUS

K 2022 FOCUS

CHINAPLAS

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

News Videos

TechHub@CPRJ: Rongsheng Petrochemical at CHINAPLAS 2024

TechHub@CPRJ: CHOVYTING Machinery at CHINAPLAS 2024

United Caps: Sustainable and innovative design of bottle caps

Conference Videos

【Mandarin session:Webinar playback】Asahi Kasei: How to solve the black spots in plastic molding

【Mandarin session:Webinar playback】The Digital Challenge. SACMI at CHINAPLAS 2024 See your future manufacturing today

【Mandarin session:Webinar playback】Innovative solutions from WINTEC and Piovan in the new market situation

Product Videos

Demonstration video of dual color injection molding machine, US270

Demonstration video of ZJ series double template injection molding machine

Baofeng Energy is a leading enterprise in the coal-based new materials industry chain

Exhibition

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

Home > News > Recycling

Circular economy fund invests in Thai polyolefins recycler

Source:Adsale Plastics Network Date :2023-12-22 Editor :RC
Copyright: This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Circulate Capital, a circular economy investment management firm in high-growth markets, announced a new strategic investment in Union J.Plus, a Thai polyolefins recycler.


Supported by Circulate Capital’s investment, the company will significantly increase its recycling capacity and strengthen its supply chain. When fully operational, it expects its total recycling capacity to exceed 30,000 TPA, including 20,000 TPA of premium/food-grade polyolefins.


Union J.Plus recycling plant_480.JPG

New strategic investment is applied to Union J.Plus for recycling.

 

Circulate Capital’s first in Thailand

 

This strategic investment also marks Circulate Capital’s first venture in Thailand, expanding its recycling portfolio and demonstrating its continued commitment to create local supply chains for high-quality recycled plastics.

 

“We will catalyze systems change across high-growth markets in the region by taking this full value chain approach to our investments. We’re proud to support UJP as a key player in transforming Thailand’s recycling supply chain by facilitating its scale-up,” said Rob Kaplan, Founder and CEO of Circulate Capital.

 

Strengthening recycling capability in Thailand

 

In Thailand alone, around two million tons of plastic waste is generated annually, of which only a quarter is recycled. Research estimated the country loses up to US$4 billion annually when plastics are discarded rather than recycled into valuable materials.

 

Comparatively, adopting a circular economy can unlock as much as US$1.6 billion in cost savings and additional revenue for Thailand’s private sector.

 

The new capital will strengthen Union J.Plus’ operations and accelerate its scale-up through both organic growth and mergers and acquisitions (M&A), starting with the acquisition of an existing 18,000 TPA capacity low-density polyethylene (LDPE) recycling facility located in Samut Prakan.

 Like 丨  {{details_info.likes_count}}
Recycled plastics
Recycling
Thailand
Circular economy
 SACMI (SHANGHAI) MACHINERY EQUIPMENT CO., LTD.      
 JIANGXI ZHILIAN NEW MATERIALS CO., LTD      
 SHANDONGZHENHUAXINCAILIAOYOUXIANGONGSI      
 Xiamen Haozhao Technology Co., LTD      
 Jiangsu Aceretech Machinery Co., Ltd.      
 GUOHENG(DONG GUAN) PLASTIC TECHNOLOGY CO., LTD.      
 BATTENFELD-CINCINNATI (FOSHAN) EXTRUSION SYSTEMS LTD.      
 CHALLENGE WOLVES(FUJIAN)GARMENTS CO.,LTD      
 Huida mould      

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Leave Comment

Submit

All Comments

No Comment

{{VueShowUserOrCompany(itme.user)}}

{{ toolTimes(itme.updated_at,'s') }}

{{itme.body}}

Reply   
Submit
{{VueShowUserOrCompany(itmes.user)}} {{ toolTimes(itmes.updated_at,'s') }} Reply

{{itmes.body}}

Submit

Recommended Articles

Recycling
Aduro Clean Technologies studies on recycling hard-to-recycle crosslinked polymer
 2024-05-22
Recycling
Jiangsu Deqi starts operate carbon recycling project with 600 tons annual capacity
 2024-05-21
Recycling
Dow and SCG Chemicals partner to transform plastic waste into circular products
 2024-05-21
Recycling
EREMA presents new filter discharge control system at NPE
 2024-05-16
Recycling
CARBIOS breaks ground for world-first PET biorecycling plant in France
 2024-05-09
Recycling
TOMRA signs long-term recycling feedstock supply agreements with OMV and Borealis
 2024-05-07

You May Also Like

{{[item['category']['name'],item['category']['english_name']][lang]}}
{{VueShowUserOrCompany(item.author)}} {{VueShowDisplayName(item.author)}}
Sponsored
{{item.title}} {{item['summary']}}
{{itags.name}}
{{item.updated_at}}
 {{item.likes_count}}       {{item.comments_count}}

You May Be Interested In

Change

  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Youtube