Daily Newsletter

18 January 2024

Daily Newsletter

18 January 2024

Rebound and CPA partner to standardise plastic recyclates 

Rebound, defined as a 'Knowledge Partner' to the Circular Packaging Association (CPA), will offer its insights on the quality of global recycled plastics and infrastructure.

Jangoulun Singsit January 18 2024

Rebound has partnered with the CPA to strengthen efforts in standardising plastic recyclates, a press release published via Zawya has said. 

The collaboration, announced at the 28th Conference of Parties, also aims to drive the United Arab Emirates (UAE) and the global community towards unified material standards.  

This alliance between Rebound and CPA will focus on developing data analytics and insights, specifically regarding material volume estimates in the Gulf Cooperation Council (GCC) region and the UAE.  

It will leverage Rebound's expertise in global trade to promote sustainable packaging solutions.  

CPA chair Priya Sarma said: “We firmly believe that collaboration is not only crucial but integral to achieving a circular economy. Our partnership with Rebound will leverage the expertise of our organisations to accelerate the adoption of sustainable packaging solutions, paving the way for a more sustainable future.” 

Rebound, defined as a 'Knowledge Partner' to the CPA, will offer its insights on the quality of global recycled plastics and infrastructure.  

The collaboration will include food-grade and non-food-grade materials, ensuring access to quality recycled plastics. 

Rebound general manager Maryam Al Mansoori said: “Through our partnership, we aim to combine our expertise in global trade facilitation and drive collective efforts towards sustainable solutions and accelerate the establishment of a common standard for materials globally.

"This is a crucial step towards creating a circular economy that promotes sustainable practices and ensures a healthier planet for future generations.” 

In September 2022, Rebound launched a global B2B digital trading platform for recycled plastics. 

Non-Alcoholic Beverages Packaging Industry Dynamics

In 2022, the soft drinks sector held the largest non-alcoholic beverages packaging market share, while the hot drinks sector is forecasted to register the fastest growth during 2022–27. Rigid plastics are usually a preferred choice in the non-alcoholic beverages industry because of their portability, convenience, and lightweight nature that facilitate on-the-go consumption.

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