Pashupati Group and SABIC Forge Strategic Alliance to Advance Recycling Solutions in India

Pashupati Group, a plastic waste recycling platform has joined forces with SABIC, a pioneer in the global chemical industry. This landmark partnership, marked by a non-exclusive Memorandum of Understanding (MoU), is set to revolutionize recycling initiatives in India and amplify SABIC's global network of esteemed recycling partners.

Pashupati Group, a prominent player in the North-West and Southern areas of India, combines its proficiency in manufacturing premium polyolefin pellets and recycled packaging bags with SABIC's dedication to environmentally friendly operations.

Mr Bankey Goenka, Managing Director at Pashupati Group, shares, "Recycling is our mission at Pashupati, addressing the urgent need to tackle the world's complex environmental challenges, especially in plastic waste management. Our collaboration with SABIC underscores our shared vision for environmental stewardship and circular economy principles."

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Both parties will pool their expertise through this strategic alliance in order to improve recycling procedures, develop value-added products utilising virgin and recycled polyolefin, and provide SABIC with environmentally responsible packaging options. This novel strategy has the potential to completely alter India's recycling environment.

Mr Bankey Goenka further emphasized, “We are not just transforming waste into valuable products; we are leading the charge towards a greener future. Our relentless focus on innovation and sustainability drives us to create meaningful impact and drive positive change in the industry.” 

With this partnership, Pashupati Group will contribute its extensive expertise in the mechanical and chemical processing of used plastics, leveraging its advanced recycling capabilities. Meanwhile, SABIC will concentrate on the marketing and sales of recycled products, harnessing its global reach and market leadership.

In order to propel India's transition to a circular plastics economy, which prioritises environmental sustainability and creative packaging solutions, this relationship is essential. With the help of a well-known industry leader like SABIC, Pashupati Group has achieved a noteworthy milestone by extending its reach into the global market. Pashupati Group solidifies its position as a major leader in the worldwide recycling and sustainable solutions business by combining forces.

About Pashupati Group

Pashupati Group has established itself as a frontrunner in the global plastic waste recycling industry. Operating eight cutting-edge manufacturing units across India, the company boasts a consistent supply of high-quality recycled materials to its customers.

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