Beston Group and Corsair Group have announced a long-term strategic partnership to address the global plastic pollution crisis. The partnership will begin with Beston Group delivering and installing 10 sets of advanced plastic pyrolysis plants at Corsair’s factory in Finland.
Background of Strategic Partnership
Globally, over four million tons of plastic waste are generated each year. Currently, only about 9% of plastic waste is recycled. The United Nations Environment Programme estimates that the value lost from discarded plastic packaging waste is between 80 and 120 billion dollars per year.
To combat plastic pollution, Beston Group and Corsair Group have reached cooperation in 2024. They will utilize plastic-pyrolysis-into-oil technology, reducing plastic waste and maximizing resource utilization. This will promote the development of plastic recycling field.
Significance of Strategic Partnership
By combining our expertise in pyrolysis technology with Corsair’s experience in plastic recycling, we can make a real difference in protecting our planet. This cooperation has some benefits.
- It will handle of larger volumes of plastic waste and reduce the amount of plastic waste sent to landfills and incineration. This helps decrease environmental pollution and greenhouse gas emissions, contributing to more environmentally friendly waste management.
- It will reduce reliance on petroleum natural resources and promote the recycling of plastic materials, forming a sustainable business model. This demonstrates a commitment to sustainable development and the principles of a circular economy.
- It facilitates the integration of their respective technology strengths, which may drive plastic-to-oil technology’s upgrade.
- It can showcase the feasibility and benefits of the plastic to oil machine through demonstration on-site projects. It may attract more investment and attention, promoting the widespread application of this technology.
- It will show how technological innovation and international cooperation can contribute to addressing global challenges like plastic pollution. This cross-border partnership may encourage more companies to work together and innovate to solve environmental problems in the future.
Join Us for A Greener Future
The collaboration between Beston Group and Corsair Group holds promising prospects. We believe it will have a positive impact on the global plastic recycling industry. We look forward to your participation in co-creating a greener, more sustainable future with us.