Recycling

MRAI to trade ministry: supply chain disruption hits Indian recyclers/MSMEs, costs up, virgin-metal reliance up.

Designed to bridge lab research and commercial scaling partners, the platform gives innovators industrial testing and market feedback academic projects seldom obtain.

Ban hits cross-border recovered-material supply chains; EU/NA/Australia scrap exporters need new carriers or domestic processing—costs may rise for recyclers and manufacturers.

Led by Madica (Flourish Ventures’ Africa programme) with Catalyst Fund and Jambaar Capital, the round will fund Bekia’s engineering growth, Bekia Next launch, and a second-market pilot in Africa.

By tying household waste directly to industrial recycling, the initiative gives residents a real incentive to segregate and return packaging rather than throw it away.

The two bodies will cooperate on policy, knowledge, advocacy, and capacity building, including joint dialogues, research, and workshops.

Each Country Program, in Brazil, the GCC, India, Indonesia, and South Africa, addresses key collection, sorting, and recycling infrastructure gaps aligned with national goals, backed by at least $100M in co-financing.

This exit reflects wider paper packaging consolidation, as producers focus on core products to improve returns amid input-cost swings and shifting brand demand.

Integrating smart recycling into daily destinations makes it simpler, more accessible, and more rewarding, while extending material circulation.

To reduce material and boost recyclability, the company is shifting foods packaging to mono-material/polyolefin structures and select products to 100% rPET bottles.