Pashupati Group & Recykal Join Forces to Boost Post-Consumer Recycled Resin Supply

 Pashupati Group, an industry leader with 45 years of experience in sustainable manufacturing of recycled resins, has announced a strategic partnership with Recykal, a prominent player in the managed marketplace for post-consumer recycled resin (PCR). This collaboration underscores the mutual commitment of both organizations to enhance the channelization of PCR Resins to meet the rising demand from brands and manufacturers. By joining forces, Pashupati Group and Recykal aim to champion closed-loop production systems, significantly reducing the environmental footprint of manufacturing operations.

Pashupati Group is renowned for its pioneering efforts in creating sustainable solutions through the recycling of plastics, including PET and Polyolefin. With four recycling facilities and two packaging facilities across India, boasting a total processing capacity of 300,000 tonnes, Pashupati Group prevents millions of PET and Polyolefin bottles from reaching landfills or water bodies daily. The company has earned accolades and global certifications for its product quality and consistency, exporting sustainable recyclates and other value-added products to over 25 countries worldwide. Driven by a singular vision, Pashupati Group aims to become a global leader in recycling and processing plastic waste, offering sustainable closed-loop solutions to the world.

Recykal, a leading cleantech startup, operates a tech-driven marketplace that streamlines post-consumer waste for brand owners and recyclers. Leveraging its innovative platform, Recykal8, a B2B marketplace, the company channels post-consumer recycled materials such as PCR resins, PET flakes, Fiber, and Yarn to cater to the needs of various industries. Through strategic partnerships and serving as a sales and marketing ally for recyclers, Recykal aims to amplify its impact in promoting circularity and meeting market demand.

This alliance marks a significant step towards realizing the shared vision of both organizations – creating a sustainable circular economy ecosystem with a long-lasting positive impact on the planet. Pashupati Group will leverage Recykal8’s advanced marketplace to access high-quality PCR materials, aligning with its goal of promoting eco-friendly and responsible manufacturing processes.

Mr. Bankey Bihari Goenka, Managing Director at Pashupati Group, expressed enthusiasm about the partnership, stating, “At Pashupati Group, we are dedicated to fostering a greener future through our sustainable practices. This collaboration allows us to accelerate the supply of regular and consistent quality post-consumer recycled resin complying with International Quality Standards. Together, we look forward to making significant strides towards environmental stewardship and circularity.”

Abhay Deshpande, Founder and CEO of Recykal, commented on the collaboration, saying, “We are delighted to join forces with Pashupati Group, a trailblazer in sustainable manufacturing. By leveraging Recykal’s capabilities, we aim to facilitate a seamless flow of recycled materials, driving market sustainability and supporting Pashupati Group’s vision for a more eco-conscious industry.”