Recycling: A Business with Future Potential

For the industrial sector of the Dominican Republic, plastic recycling is an activity that attracts investments and favors business alliances in the country.

Thursday, May 9, 2019

Representatives of the Association of Industries of the Dominican Republic (AIRD) reported that two initiatives on the subject are being promoted, one being the formation by the AIRD of an organization among all the industries using PET containers in the Dominican Republic to organize collection centers and jointly valorize these products in order for them to be recovered and recycled, generate new jobs and contribute both to the sustainability of the industries and to environmental sustainability.

You may be interested "Plastic: Innovate or Die"

The other initiative is the possible investment in a world-class recycling plant in the country through the union of several industries, including Plastifar, Diesco, Alpla and Multiform, explains an AIRD statement.

Regarding the technical visit made by a delegation of Dominican businessmen to Mexico, Circe Almanzar, executive vice president of the AIRD, said they knew "... the Mexican experience on waste management and the circular economy model, in order to create investment attraction, business alliances for our Dominican Republic and to promote the best recycling practices in the country.

Also see "Plastics: Central American Purchases Up 6%"

For Almanzar "... Installing a recycling plant will allow ranging from inclusive recovery to collection processes, recycling processes and customers in the market, in a true sample of circular economy that is based on innovation and generates economic value.”

More on this topic

New Recycling Plant in Nicaragua

September 2017

The Indian company Gravita Nicaragua has started operating its new plastic, aluminum and cardboard recycling plant in Managua.

Gravita Nicaragua, part of Grupo Gravita India Ltd, invested $2.2 million in setting up the recycling plant. The company processes polyethylene, cardboard and paper, aluminum, copper and bronze containers, among other things.

Plastic Trash Turned into New Containers

January 2012

The company Total Pet Packaging will invest $12.5 million in a recycling plant in Costa Rica to make packaging from waste plastics, using PET technology.

The company Total Pet Packaging will invest approximately $12.5 million in a new PET resin (RPET) recycling plant, which will be located in Heredia. PET is short for polyethylene terephthalate.

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