Honeywell partners Environ to advance plastics circularity in Egypt

EGYPT – American multinational conglomerate corporation, Honeywell has signed an MOU with Egypt’s Environ Adapt for Recycling Industries to advance plastics recycling in the country. The two organizations will explore the development of the first chemical recycling facility in Egypt that would be equipped with Honeywell’s advanced technology, capable of converting waste plastic into valuable recycled polymer feedstock (RFP). The…

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Egyptian government launches initiative to treat and recycle 50% of African waste by 2050

EGYPT – The Egyptian government is launching a global waste initiative dubbed “50 by 2050” that aims to ensure at least half of all African waste is treated and recycled before 2050. Announced at the COP27 climate summit in Sharm el-Sheikh, proponents say the ambitious targets could reduce the “waste colonialism” plaguing African countries. The launch comes at a time…

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EIB launches environment framework to support sustainability projects globally

EGYPT – The European Investment Bank (EIB) has launched its environment framework to support environmental sustainability projects globally. thereby pursuing a green, resilient, equitable and inclusive development approach. Launched during the COP27 United Nations climate conference in Sharm el-Sheikh, Egypt, the framework supports environmental investments across the world, thus contributing to green, resilient and equitable development. The EIB will support…

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Climate action can strengthen long-term growth in Egypt, reveals World Bank

EGYPT – World Bank Group’s Country Climate and Development Report (CCDR) has revealed that climate change impacts, including growing pressure on Egypt’s vital water supply, pose an increased risk to the country’s long-term growth. According to CCDR, an ongoing commitment to climate action can transform these risks into opportunities and help Egypt to achieve its climate and development goals together.…

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Tetra Pak inks US$2.5M deal with Uniboard for beverage carton recycling project in Egypt

EGYPT – Swedish-Swiss multinational food packaging and processing company, Tetra Pak has just signed a US$2.5 million contract with Uniboard for the establishment of a cardboard recycling unit in used beverage (UBC). The investment will be used to build a facility able to recycle 8,000 tonnes of UBC per year and should be operational in 2023. According to details relayed…

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Plastic Bank celebrates collecting 300m plastic bottles in less than 2 years

EGYPT – Plastic Bank and Henkel Egypt have collected more than 300 million plastic bottles in Egypt, preventing them from reaching the river and seas. Plastic Bank has formulated a comprehensive strategy that aims at creating an ecosystem for collecting plastic waste and improving waste collectors’ living conditions. The firm plans to promote plastic waste exports in Egypt, which contribute…

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