• Home
  • Business
  • Chinese firm launches Sh 4.5 Billion Plastic Recycling Plant in Kenya
Image

Chinese firm launches Sh 4.5 Billion Plastic Recycling Plant in Kenya

A Chinese firm, Weeco recycling company , has launched a Kshs4.5 billion recycling company in Athi River and Mombasa that collect and recycle plastic bottles which are later converted into fiber and garment.

Company Director Wang Zhangyin said that the firm would collect approximately 2000 tonnes of bottles every month as it aims to provide a lasting solution to the challenges posed by post-consumer PET bottles.

Also, we will provide employment opportunities, revenue for the exchequer and improve the standards of living for the collectors who will be supplied to us. We can recycle between 1,000 tonnes and 5,000 tonnes every month having established two processing lines in Nairobi and Mombasa,” Company Director Wang Zhangyin said.

Weeco company signed a partnership contract with PETCO, Kenya PET Recycling Company – the industry body which regulates the management of post-consumer PET packaging in the country.

PETCO Kenya Chairman John Withaka added that the firm had identified other recycling which will boost the firm’s 2019 target of recycling 5,900 tonnes or 247 million bottles,”

Source: Carolyne Tanui

Related Posts

NEW: NCBA, KEPROBA to drive SME export growth in Kenya

NCBA has reaffirmed its support for Kenyan businesses seeking to compete in regional and international markets by convening…

Aradel to launch new petrol refining at modular facility

Aradel Holdings Plc is preparing to begin gasoline production at its modular refinery in 2027, following the removal…

AFC leads new investors in $2.5bn Dangote refinery private placement

The Africa Finance Corporation (AFC) has led a consortium of strategic investors in a landmark US$2.5 billion private…

NEW: Ecobank, Eco Stove to drive clean cooking in Uganda

Ecobank Uganda has partnered with Eco Stove Ltd to launch a Green Energy Financing Programme aimed at helping…

Leave a Reply

Your email address will not be published. Required fields are marked *