Mohinani Group, parent company of Poly Tanks (Gh) Ltd, is set to invest over $16 million to open Ghana’s first bottle-to-bottle recycling plant to supplyfood-grade rPET (recycled polyethylene terephthalate) of European standards.
PET is the primary material found in plastics beverage bottles.
The plant will produce rPET by sourcing post-consumer PET bottles and these would be recycled into material that will then be used in producing new bottles. Mohinani Group will be sourcing used PET bottles locally (and eventually from neighboring countries) via alliances and through the Group’s own collection network.
The recycled food-safe rPET can be used to create high quality food-grade packaging, produced as per global standards through the company’s own preform production lines. It willalso be available in the market for other preform producers to help meet their sustainable packaging goals.
The plant,which isexpected to commence operations in late 2023 with full capacity reached in early 2024,will have a capacity to recycle 15,000 metric tonnes of plastic annually, with the overall group’s capacity increasing to 30,000 metric tonnes by late 2024.
The Mohinani Group has outlined that the investment was in line with the company’s commitment tomeet both the Group and Ghana’s sustainability goals.
In addition, the project will add to the number of jobs thatMohinaniGroup has already created in the Ghanaian market.
The Groupencourages stakeholders in the “sustainability and recycling” space to also engage with it in forming alliances and partnerships to further tackle issues surrounding waste in Ghana, including reviewing existing legislation on this important subject. With this pioneer project, theMohinaniGroup founded in Accra in 1966,emphasises the importance of Ghana for the Group.
“Plastic Waste management is a huge topic all over Africa, as we cater to the plastics sector, it is a logical step for us to enter the plastics recycling industry. We want to close the loop for plastic packaging, and this is perfectly possible with bottle-to-bottle recycling. Especially in Ghana, where until now no closed-loop recycling exists, we are proud to be the first to do it,”Management for the Group said.
The opening of this state-of-the-art plastic recycling facility will make the MohinaniGroupone of the largest recyclers in the country. It will also place the company among the most prominent in the sub-region as plans are in place on investing ina similar plant in Nigeria.
The initiative is part of the Group’s commitments to increasing and enhancing sustainable packaging in Ghana in line with the other sustainability and CSR initiatives in the country.
About Mohinani Group
MohinaniGroup is 3rd generation leading family business Group employing over 3000 people in Ghana in its multi-sector operations across various industries. The group is present in various sectors and it’s activities range from manufacturing of plastics and packaging products to trade and distribution of chemicals, polymers&consumer durables (under the Bruhm brand and via Electromart retail outlets) to being the agents for Bajaj motorcycles and sole franchise of KFC in Ghana amongst others.
The Group was the founder of the first and the oldest packaging company in Ghana, Poly Products Ghana Ltd. The Group continues to grow its packaging business and has expanded into new sectors in Ghana and in other Westand East African countries.
Poly Tanks Ghana Ltd. is the market leader in water storage tanks segment in Ghana. Poly Tanks isone of the largest producers of top end packaging material (Corrugated & Mono cartons, Flexible packaging Laminates, PET Preforms, Caps, Lube Gallons, Thin wall containers etc.).
Its production facilities are FSSC 22000 certified. Poly Tanks Ghana Limited is a key supplier of packaging products to the majority of local and multinational manufacturing companies in Ghana.
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