Waste Management

The company is among the first to deploy plastics pyrolysis at commercial scale for end-of-life plastic, making this expansion a significant step in scaling the technology for the broader European market.

The Lagos project will create demand for sorting equipment, processing technology, and recycled material off-takers, while the highway and road upgrades promise to reduce the logistics costs that have long plagued intra-regional trade.

Polytag’s UV tags are printed onto packaging labels using standard processes, then detected by optical sorting equipment at recycling facilities.

The proposed reform focuses on creating a consistent regulatory framework across all jurisdictions, aligning packaging requirements and reducing fragmentation for businesses operating nationally.

The policy shift arrives as packaging material availability has been affected by shortages linked to the conflict in West Asia, adding urgency to domestic circular economy development.

The prospectus identifies five sectors where circular economy solutions can generate over US$700 million in value by 2030 while contributing approximately 0.5 percent to GDP and supporting job creation.

Bulk waste generators face tighter accountability, with on-site processing mandated where feasible and an Extended Bulk Waste Generator Responsibility mechanism now in place.

The scheme covers plastic bottles and metal cans, which together constitute about 90 percent of all beverage containers sold in Singapore.

New federal rules require companies placing plastic packaging on the market to meet rising recovery targets, starting at 32 percent in 2026 and increasing progressively to 50 percent by 2040.

Cross River joins Lagos, Oyo, Anambra, and Osun as one of only five Nigerian states undertaking circular economy pushes, an effort with the potential to generate two million jobs across the country by 2030.