The two companies will establish a joint venture to recycle plastic waste on the island into materials used for building resorts and hotels or infrastructure.
Dutch company Upp! UpCycling Plastic has inked a memorandum of cooperation and deployment with Toan Hai Van JSC, a subsidiary of Vietnamese developer TTC Land for the construction of a cyclic plastic waste disposal plant on Phu Quoc island.
In the first phase of the project a pilot plant will be built with one or two production lines to turn plastic waste into basic construction materials such as pavement bricks, roof tiles, boards and columns.
The plant will be in operation no later than November, with a capacity of 3,000-4,000 tons per year by 2020, and other cyclic plastic waste recycling plants will be also established on Phu Quoc as well as in other suitable locations.
“Upp! UpCycling Plastic was founded with the purpose of solving issues relating to plastic waste,” said Jan Jaap Folmer, CEO of Upp! UpCycling Plastic.
“Upp! offers solutions for recycling plastic waste into durable, environmentally-friendly products that can be used in the construction industry. The company’s products are mainly environmentally-friendly PP and PE plastic that can be used in many urban buildings. It researched building a plastic waste recycling plant in Vietnam in order to contribute to dealing with waste in the country,” he added.
Huynh Bich Ngoc, president of the Toan Hai Van JSC, said that over the years the amount of waste Vietnam discharges into the environment has increased every day. People can see and feel the effects of waste on land, in the ocean, and elsewhere, but there are few solutions to resolve the problem.
“With this cooperation agreement, we hope people will realize the value of recycling and how to turn waste into a non-polluting products, creating a green and healthy living environment,” she said.
In the first phase of the project, products will be used for building the Lotus artificial island within Vinh Dam Complex, which also include a port and industry-service complex of 110 hectares.
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