Plastic recycling company launches global headquarters in Singapore

With a mission to rid the world of virgin plastics, the Netherlands-based holding group turns recycled plastic into products ranging from hangers to pill bottles.This comes as global plastic production amounts to some 400 million tonnes a year, yet only about 12 per cent are incinerated and around 9 per cent recycled, according to the United Nations Environment Programme .

To tackle the issue, Archwey aims to double the amount of plastic waste that it cleans from 32,500 tonnes to 65,000 tonnes by the end of next year, said the company's chief executive Sjoerd Fauser at the company's headquarters in Raffles Place. Plastics used by the company mainly come from four of the world's most polluted rivers - the Yangtze, the Hai River, the Pearl River and the Yellow River - all in China.

The company has yet to take in plastic from Singapore, but is looking into eventually setting up a manufacturing facility here, said Mr Fauser.Turning the tide on plastic pollution through regional collaboration in South-east AsiaIn 2020, the island-state generated 860,000 tonnes of plastic waste, of which only 4 per cent was recycled, said Speaker of Parliament Tan Chuan Jin, who attended Thursday's launch.

Let’s hope it’s not greenwashing.

Lol meanwhile they are increasing plastic waste on ART kits and masks for a flu

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