UAE’s Rebound, JEPLAN to jointly explore set-up of recycle PET market in the UAE

Image: Rebound

Japan-based recycling company JEPLAN and UAE’s Rebound will be collaborating on a project with the aim to establish a recycle PET market in the UAE that is supported by the appropriate ecosystem.

The two entities signed a letter of intent to that effect during the recent Make it in the Emirates Forum held in May.

A subsidiary of Abu Dhabi-based International Holding Company, Rebound is engaged in the global development of the recycled plastics trading market.

Launched less than a year ago, the company offers the first global trading platform for quality-assured recycled plastics, Rebound Plastic Exchange. Maryam Al Mansoori is the company’s general manager.

Rebound and JEPLAN to follow phased approach for project

The project consists of four steps and will be jointly studied with the aim of agreeing on a demonstration project for the construction of a PET chemical recycling plant in the UAE in preparation for the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC, COP28) to be held in the UAE in November this year.

Through the joint study, the participation of partner companies in the UAE will be widely sought, with the aim of establishing a supply chain for recycled PET in the UAE.

With the signing of this agreement, JEPLAN will be involved in quality surveys of used PET bottles collected in the UAE, verification of recycling costs, and verification of the plant’s manufacturing operations.

Led by CEO and co-founder Masaki Takao, JEPLAN‘s vision is to ‘put everything back into circulation’, and its PET chemical recycling technology, BRING Technology, mainly for PET bottles and polyester fibres, allows used products to be repeatedly recycled to the same quality as petroleum-derived products.

The group operates PET chemical recycling commercial plants using this technology at two sites in Japan.