Green India Polymers (GIP), a leading polymer recycler and trader, has signed a three-year agreement with Canada’s Meridian Polycorp Ltd to export PET flakes worth USD 40 million (approximately Rs 347 crore). The deal will see GIP supply 40,000 metric tons of PET flakes, primarily sourced from underdeveloped regions. The collaboration aims to incentivize waste collection, combat poverty, and ensure the production of high-quality recycled products for global brand owners, while adhering to compliance standards.
Meridian will act as the exclusive global distributor for GIP’s recycled PET flakes. With an annual recycling capacity of 8,000 metric tons, GIP has already successfully exported over 40,000 metric tons of recycled PET flakes to key markets including the U.S., Mexico, Germany, Morocco, and Malaysia.
Amit Mani, Founder and Managing Director of Green India Polymers, commented, “By combining our manufacturing capabilities with Meridian’s robust supply chain expertise, we are well-positioned to meet the growing demand for PET flakes and contribute to a more sustainable circular economy.”
Green India Polymers specializes in PET and HDPE recycling and has established a strong supply chain network across regions like Bangladesh, India, Dubai, and Uganda. Meridian Polycorp is a prominent player in the polymer and plastic manufacturing industry, specializing in high-quality, sustainable polymer solutions. The company focuses on innovation and eco-friendly production techniques to cater to diverse sectors, including packaging, automotive, and construction.
With a commitment to environmental responsibility, Meridian Polycorp integrates advanced recycling technologies to reduce plastic waste and promote a circular economy. By ensuring superior product performance and durability, the company continues to be a trusted partner for businesses seeking reliable and sustainable polymer solutions.
Green India Polymers is a leading company dedicated to sustainable plastic solutions, focusing on recycling and eco-friendly polymer production. Committed to reducing plastic waste and promoting a circular economy, the company employs advanced recycling technologies to convert post-consumer and industrial plastic waste into high-quality, reusable materials.
Green India Polymers aims to support various industries, including packaging, automotive, and construction, with environmentally responsible polymer alternatives. By integrating innovation and sustainability, the company plays a crucial role in minimizing environmental impact and contributing to India’s green economy.
