This is a tremendous achievement for Srichakra that underscores its leadership in accelerating the circular economy for plastics in India
Hyderabad-based Srichakra Polyplast, a food-grade quality plastic recycling company, has announced that its recycled polyethylene terephthalate (rPET) has received a positive safety assessment from the European Food Safety Authority (EFSA).
The announcement comes as the Food Safety and Standards Authority of India (FSSAI) is set to approve the use of rPET for food packaging, reducing the need for virgin plastics and paving the way for a circular economy for plastics in India.
EFSA evaluates the safety of substances used in food contact materials (FCM) including active and intelligent materials. The verdict from EFSA is predicated on an in-depth assessment of processes, with a focus on the suitability of the finished polymer product for packaging purposes.
With the aim of reducing, reusing, and recycling plastic waste, the India Plastics Pact was launched in September 2021 to bring together businesses, governments and NGOs and accelerate the transformation of the plastic value chain. Srichakra’s certification is a part of this ongoing movement, showcasing the company’s commitment to turn plastic waste from a scourge into a valuable resource.
Srichakra’s EFSA approval comes just months after the company announced an investment of more than $10 million into its world-class technology to upgrade and expand recycling capabilities.