SCG Chemicals (SCGC) and Sirplaste of Portugal have announced significant progress in advancing their circular economy business ventures in Europe. The companies have successfully invested in recycling technology and installed new machinery in Portugal as planned. As a result, their combined production capacity for high-quality recycled plastic resin has increased to 45,000 tons per year from 9,000 tons, marking a 25% increase. This growth is particularly geared towards producing High-Quality Odorless HDPE PCR Resin, which is EuCertPlast-certified, in response to steadily growing market demand for environmentally friendly packaging in Europe. The expansion of SCGC’s high-quality PCR business in Europe will enhance its market potential, maximize the utility of resources, and contribute to climate change mitigation. Tanawong Areeratchakul, President of SCG Chemicals Public Company Limited or SCGC, elaborated on the progress in the circular economy ventures between SCGC and Sirplas...