The upcoming factory will produce a wide range of plastic products for both domestic consumption and export across neighboring Arab countries.
This endorsement highlights the product’s alignment with higher standards for recyclability.
Since January 2025, Bookoff has been producing and selling items such as storage baskets, smartphone stands, and business card holders made from recycled plastic sourced from discarded CDs and DVDs.
The pilot focuses primarily on waste streams from electrical and electronic equipment (EEE), batteries, and packaging.
This initiative aims to transform how beverage containers are sold, collected, and recycled.
The proposed green tax is a component of a wider waste management strategy being formulated.
Petco’s dedicated EPR (Extended Producer Responsibility) scheme for LBP, collection rates have surged from 8% in 2023 to 24%, while recycling rates have jumped from 8% to 26%.
The collaboration is part of a broader effort to reduce the textile sector’s dependency on virgin fossil-based polyester.
The company cited prolonged petrochemical downcycles, high European energy costs, and sluggish economic conditions as key reasons for its decision.
Deepnest is powered by Greyparrot’s proprietary Analyzer AI camera systems, currently deployed in material recovery facilities (MRFs) across more than 20 countries.