There’s money in recycling, don’t let it go to waste, govt urged

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The Malaysian Plastics Manufacturers Association says demand for recycled plastic is expected to hit 4.5 million tonnes by 2025. (Bernama pic)PETALING JAYA: The Malaysian Plastics Manufacturers Association has urged Putrajaya to remodel the waste management system to meet the rising demand for recycled plastic resin in the next four years.MPMA vice-president CC Cheah said it made “commercial sense” to tap into the recycling industry, which generates some RM4.5 billion in annual revenue.Demand for recycled plastic, he said, was expected to hit 4.5 million tonnes by 2025.Cheah said the Covid-19 pandemic had also led to a surge in demand for plastic for consumer products, such as food packaging and electronics.This, in turn, would further contribute to the demand for recycled plastic resin, he said.“There is money to be made in waste management. There are a lot of business opport…