Search DubaiPRNetwork.com

Dubai and UAE
Home >> Banking & Investments

Tetra Pak and United Paper Mills announce next step in Landmark Agreement to Revolutionise used Beverage Cartons Recycling in the UAE

Tetra Pak and United Paper Mills announce next step in Landmark Agreement to Revolutionise used Beverage Cartons Recycling in the UAE

Friday, December 1, 2023/ Editor -  

Share

Home >> Banking & Investments

On the eve of COP28 and with a joint investment of over 2.5 million AED 

Dubai, UAE, 1 December 2023: Tetra Pak and Union Paper Mills (UPM) have entered the next stage of their partnership, marked by the signing of a ground-breaking AED 2,500,000 recycling agreement aimed at establishing a commercially viable collection and recycling value chain for used beverage cartons (UBC) in the UAE. A memorandum of understanding was signed in November last year and has paved the way for significant progress in identifying the technical and investment needs for the recycling of UBC in the UAE. Since the signing of the MoU, Tetra Pak and UPM have engaged in extensive collaboration, including technical assessments, recycling expert visits from abroad, numerous meetings, and industrial trials with carton packages collected from local dairy producers. 

 The formalisation of this first-of-its-kind partnership outlined Tetra Pak's investments in capital expenditures (CAPEX) for new equipment to be installed at UPM. Recycling targets and key performance indicators (KPIs) are defined and agreed upon, as well as areas of collaboration in developing the collection and recycling of UBC in the UAE are identified. 


The new recycling equipment is set to be ordered in December, with delivery and installation expected in the second half of 2024. Collections will commence even before the recycling line is fully operational to generate feedstock for the start-up and commissioning.
Emphasising strong collaboration and partnerships in the recycling value chain, Niels Hougaard, Managing Director of Tetra Pak Arabia Area, said: “This project is our way to demonstrate our commitment to sustainability and to collaborative innovation in the region. We strongly believe that we all have a role to play in our battle against climate change. Tetra Pak’s strategy aims to involve waste management and collection companies, to reach out to potential partners in the region, and to collaborate with our customers and schools to raise awareness about waste segregation and recycling. By involving diverse stakeholders, we aim to create a comprehensive and effective recycling ecosystem”.


Salahhaldin Sharafi, Chairman of MAHY Khoory Group, which owns UPM, stated, “As the pioneer and largest paper recycler in the UAE, sustainability is at the core of what we do. This new collaboration with Tetra Pak supports our sustainable growth plans, enhancing our recycling capabilities to process UBC and obtain high-quality raw materials for our operations while supporting the UAE’s ambitions to increase recycling”. 
Tetra Pak and UPM have together developed a local recycling solution for UBC. UPM's recycling process will extract high-quality virgin paper fibres from UBC, contributing to the production of high-quality test liner for corrugated cardboard boxes. Polyethylene and Aluminium (polyAl) from the recycled cartons will be sent to Saudi Top Plastics (STP), a recycling partner of Tetra Pak in KSA, to be recycled into various products such as pallets and crates.
The two partners also value collaboration with governmental entities. Niels Hougaard added: “The project aligns with the UAE government's ambitions to divert waste from landfills and enhance local recycling capabilities. We are proud to co-chair the Sustainable Manufacturing pillar within the Circular Economy Policy Council and to collaborate with the Circular Packaging Association to drive positive change at a systemic level”.


This milestone agreement represents a significant step towards developing Circular Economies in the UAE, showcasing the commitment of Tetra Pak and UPM to environmental sustainability and responsible business practices.


Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

Abu Dhabi Airports appoints Memac Ogilvy as new lead creative agency

Vestian Launches Operations in the UAE, Strengthening its Presence in the Middle ...

Optimize Your Indoor Air Quality Anytime with LG PuriCare

Ahead of World Obesity Day, New Research Confirms Benefits of Weight-loss Surger ...

THE MAJLIS BY MANDARIN ORIENTAL RETURNS CRAFTING A NEW, POETIC JOURNEY

Kia EV9 selected as a Top Three in the World finalist in twin 2024 World Car A ...

AIMMP showcases Portuguese excellence at the Dubai Wood Show 2024

Trina solar once again on BNEF tier 1 list for Q1 2024

Nabtih Debuts Ramadan Gift Baskets, Highlighting Palestinian Craftsmanship and T ...

Ayuso takes podium at Laigueglia as Christen impresses

Mr. Arjun Dhanak of Kanz Jewels Clinches Youngest MD Award at The Retail Jewelle ...

UAE Participates in BRICS' Finance Ministers and Central Bank Governors Meeting

Dubai's Gov Games raises stakes to new heights with race to the top of the world ...

AUS hosts ASQ EMEA 2024, driving quality excellence forward

2023 Safest Year for Flying By Several Parameters

UAE Ministry of Finance Strives to Establish an Environment Conducive to Innovat ...

Dubai Customs Seizes 26.45 Kilograms of Marijuana Disguised in Red Onion Shipmen ...

Dubai Health Authority and Dubai Islamic Bank Sign Agreement to Support Medicine ...

Mohammed Bin Rashid Library Concludes February Activities With ‘Innovation Throu ...

NBF's new Ramadan campaign provides new financing opportunities for customers