Borouge inks MoU with India’s APPL Industries to advance circular economy roadmap

Borouge inks MoU with India’s APPL Industries to advance circular economy roadmap

This marks Borouge’s first collaboration with a compounding partner in India as part of its plans to broaden its circular portfolio

  • By ICN Bureau | October 30, 2023

Borouge Plc, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, has signed a Memorandum of Understanding (MOU) with India’s APPL Industries Limited (APPL), to develop polymer compounds that will incorporate recycled content.

APPL is one of India’s largest polymer compounds manufacturers, serving various industries globally including automotive original equipment manufacturers (OEM) and producers of appliances, infrastructure and consumer goods.

This collaboration marks Borouge’s first venture with an Indian compounding partner to create products with recycled material. The move aligns with growing market demand for sustainable solutions for a wide range of applications.

Rainer Hoefling, Chief Executive Officer of Borouge Pte Ltd, said, “Sustainability has become a concrete objective for organisations to achieve, and taking action is the most effective approach to demonstrate our commitment towards circularity. This collaboration with APPL will allow Borouge to leverage our innovation and expertise to create added value and competitive advantage for our customers, allowing more companies access to sustainable and recycling resources that can meet their requirements.”

“At APPL, our constant endeavour to make a greener planet will lead to the development of grades that can allow for recycling and are designed for a second life. With Borouge’s expertise and market access, we are confident that this will be a successful collaboration to advance our circularity ambitions,” said Inder Jain, Chairman, APPL Industries Limited.

The developed compounded products will undergo stringent testing at Borouge’s Innovation Centre in Abu Dhabi before they are approved for market. With regulations in place to ensure safety and consistent quality, APPL has also received various certifications for its facilities and products, including ISO 9001 and ISO 14001 for quality management, IATF 16949 for the automotive supply chain, VDA 6.3 for production audits and Global Recycled Standard for recycled content.

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