At the signing ceremony, Shri P. Raghavendra Rao, Secretary, Department of Chemicals & Petrochemicals, said, “India has world leading ambitions to tackle plastic waste. With new innovations such as Biotransformation emerging, we can work with the industry to address these issues.”
Niall Dunne, CEO of Polymateria, said, “This partnership agreement reflects that the only way to solve global problems is to accelerate the impact of disruptive technology through meaningful collaboration.”
Sambit Roy, Head of LBL India, BU MB, Clariant, said, “We are happy with this agreement and keen to support our clear strategy towards Sustainability. Clariant has an important role to play in creating solutions for recycling and now with this new technology we will also be able to offer biodegradation solutions for fugitive plastics which are left over in recycling stream. This agreement gives us access to the global technology from Polymateria to bring the biodegradation capabilities to the Indian market; while working with CIPET’s testing facilities.”
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