Mexican companies to increase plastic recycling - reports

19 August 2010 22:00  [Source: ICIS news]

MEXICO CITY (ICIS)--The head of a Mexican plastics industry association said its businesses will invest $125m (€98m) in 24 recycling plants in that country, according to news reports on Thursday.

Industrialists of the Plastic Market (Inboplast) president Juan Antonio Hernandez said 60 of the association’s business affiliates would make the investment.

The businesses pledged that by year's end, every plastic bag they made would be composed of at least 40% recycled plastic, while some plants would make 100% recycled products.

Hernandez said the move was made “in order to promote a culture of sustainability among the Mexican population”, according to news reports.

A law restricting plastic bags in Mexico City went into effect on Wednesday.

The law prohibits businesses from giving away the bags for free.

To comply with the new law, companies will most likely start charging customers a fee of Mexican peso (Ps) 1 (8 cents) for each bag.

($1 = €0.78)
($1 = Ps12.62)

To discuss issues facing the chemical industry go to ICIS connect


By: James Young
713-525-2600



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly