The corrugated cardboard construction ensures the packaging is fully recyclable at end-of-life, supporting circular economy objectives.
The four-month accelerator, running through October 2026 in Lausanne, will provide M-taka with access to mentors, corporate partners, and investors aligned with its mission of building digital infrastructure for inclusive circular economies.
Interest in the initiative has led to long queues forming at deposit return machines in Istanbul and several other provinces as people brought bags of used plastic bottles, glass bottles and aluminum cans to be processed one by one.
The project marks the Indian group’s first international expansion outside India, leveraging Hamriyah’s deep-water port and connectivity to global shipping routes.
The agreement covers both construction and operation, with Urbaser leading the construction phase and managing the facility for five years through a joint venture in which it holds a 60 percent stake, while Tadweer Group retains 40 percent.
The platform enables users to schedule waste collection, verify transactions digitally and receive secure payments, creating greater confidence for waste generators and collectors while improving traceability throughout the recycling value chain.
Over 100 Reverse Vending Machines (RVMs) have been installed across the state, with more than 65 percent of panchayats issuing no-objection certificates for deployment.
RAM 2027 applies only to packaging placed on the UK market between 1 January and 31 December 2027, with producers continuing to use RAM 1.1 for 2025 and 2026 reporting periods.
The rules aim to improve transparency in calculating chemically recycled PET, level the playing field, and secure the plastic recycling industry, which faces mounting pressures from cheap virgin plastic imports and high energy costs.
A key area of investment is the DRS business, where consumers pay a refundable deposit on packaging products and receive it back upon return for recycling.