Stavian Group established Stavian Recycling Joint Stock Company and invested in building the Stavian Recycled Plastic Plant
Stavian Recycling Joint Stock Company under Stavian Group is currently focusing on developing the Stavian Recycled Plastic Plant project to establish a circular ecosystem for plastic waste in Vietnam.
According to statistics from the Ministry of Natural Resources and Environment, there are about 1.8 million tons of plastic waste discharged into the environment each year in Vietnam, 0.28 million to 0.73 million tons of which are released into the sea - but only 27% of it is recycled and utilized by establishments and businesses.
It is worth mentioning that the treatment and recycling of plastic waste is still limited when up to 90% of plastic waste is processed by burying, landfilling, and burning; only the remaining 10% is recycled. Classification, recovery, recycling, and plastic waste treatment are still limited.
The amount of plastic waste and nylon bags in Vietnam accounts for about 8-12% of household solid waste. But only about 11-12% of plastic waste and nylon bags are processed and recycled; the rest is mainly buried, burned, and discharged into the environment. This can lead to environmental disasters, especially ocean pollution, posing a problem for businesses in finding comprehensive solutions for a sustainable future.
Recently, Stavian Group established Stavian Recycling Joint Stock Company (Stavian Recycling) and invested in building the Stavian Recycled Plastic Plant to promote safe plastic recycling and develop safe and sustainable waste management solutions, achieving socio-economic goals and aiming to protect the environment.
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