Plastic waste processing in Serbia attracts interest of foreign investors

January 26, 2018

Photo: Pixabay
Plastic waste processing in Serbia attracts interest of foreign investors

Representatives of the Italian company Novamont are interested in the development of a system for the processing of plastic waste in Serbia. Earlier this month, the Chinese company Blue Sky officially announced the construction of a plastic waste processing plant in Ćuprija.

Italians visited earlier this week S Group, paints and plastic raw materials producer in Gornji Milanovac, and plastic begs manufacturer Polipak in Batočina.

The Serbian Chamber of Commerce, whose representatives accompanied the Novamont delegation this week during their visit to two municipalities of central Serbia, said that the Italian company is ready to present the best model for collecting, disposal and composting of organic waste, as well as its use as a raw material.

In Gornji Milanovac, organic waste accounts for between 40 to 60 percent of municipal waste.

The production of biodegradable bags is in expansion, especially since the European Union has banned or reduced the use of plastic bags.

The Serbian Chamber of Commerce will support the cooperation between the local self-government and the Italian company through the model of public-private partnership in the municipality of Gornji Milanovac, in order to improve the quality of life and enhance ecological awareness, reads the press release.

Earlier this month, the Chinese company Blue Sky and the Ćuprija municipality signed a memorandum of understanding (MoU) that formally marked the beginning of the EUR 12 million worth investment in the construction of the industry park that consists of 4 factories for processing of plastic waste.

Serbia-based Chinese-owned company Blue Sky Europe International Industry and Trade Technology Ćuprija will produce plastics in granules. Ćuprija major Ninoslav Erić said that after 2019 the industrial park will be a large-scale production unit, where the producers will have everything in one place – from raw materials and semi-finished products to ideal logistics conditions.