Rebound Plastic Exchange to support GCC-wide efforts in sustainable waste management

Rebound Plastic Exchange to support GCC-wide efforts in sustainable waste management

Abu Dhabi , UAE – Rebound Plastic Exchange, a global B2B digital trading platform for recycled plastics, is ready to support the Cooperation Council for the Arab States of the Gulf (GCC) in achieving sustainable waste management. Currently, it is estimated that it will take USD 60-85 bn[1]. invested across four key value streams, plastic, concrete & cement, metal, and bio-waste over the next 20 years to meet targets throughout the GCC region - according to a new report by Boston Consulting Group (BCG) in collaboration with the World Business Council for Sustainable Development (WBCSD).

The recent launch of Rebound Plastic Exchange will spur trust and quality assurance amongst buyers and sellers in the GCC, providing companies and nations with a vital benchmark for their capacity to adopt and trade quality assured plastics, equip them with frameworks to facilitate exchange, and highlight the tangible benefits of transparent plastic trading.

Maryam Al Mansoori, General Manager, Rebound Plastic Exchange, said: “Facilitating the demand supply gap with the GCC’s recycling infrastructure will position the GCC as a key actor in the global effort towards circularity. Rebound Plastic Exchange can help do just that.”

The report, titled “Recycling in the GCC: Securing Valuable Resources for a Sustainable