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Home > Trade News > Manisha Polymer teamed up with Sri Lankan company for bottle recycling agreement.
Manisha Polymer teamed up with Sri Lankan company for bottle recycling agreement.
 
Manisha Polymer teamed up with Sri Lankan company for bottle recycling agreement.
The Sri Lankan unit of soft drinks maker Coco-cola has teamed up with Manisha Polymer to recycle plastic bottles. Since 15 years the firm has been selling beverages and more than half of its product comes in C

In the venture Coco-cola (Sri Lanka) is investing Rs 30 lakh to collect plastic bottles and send them to India for recycling, besides creating awareness among consumers. "Sri Lankan consumers use over 6.5 million PET bottles a month and only 1.5 million are collected. The company is planning to recycle all the PET plastic bottles in Sri Lanka as they are non-biodegradable," said Lakshan Madurusinghe, chief Executive, Manisha Polymer.

In Angoda, Manisha Polymer started a collection plant for recyclable plastics or PET bottles, 2007. The company exports over 300 metric tonne of plastic bottles a month to India where there is more demands for recycled plastics. With the PET bottle initiative with Coco- Cola (Sri Lanka), Manisha Polymer hopes to increase the amount exported to 1,000 metric tonne by next year.

Consumers collect the PET bottles and hand them over to the collection point in Dankotuwa, north of Colombo. The collected containers will be separated according to the color.

The separated bottles will be washed and put into a crushing machine that would compress about 150 to 200 bottles into a bail or compressed bails would be sent to India to Renaissance Corporation, the main Buyer of Local PET Bottles.

Posted On : 9/27/2008 11:06:29 AM

 
 
 
Manisha Polymer teamed up with Sri Lankan company for bottle recycling agreement.