Eco-Spindles breaks ground on recycled polyester yarn facility | Daily News

Eco-Spindles breaks ground on recycled polyester yarn facility

BOI Horana Export Processing Zone Senior Deputy Director Sujeewa Thilakumara, Ministry of Mahaweli Development and Environment – Environmental Pollution Control and Chemical Management Division Director S.M. Werahera, Secretary to the Ministry of Environment Dr. Anil Jasinghe, BPPL Managing Director and CEO, Dr. Anush Amarasinghe, Central Environmental Authority Director General P.B. Hemantha Jayasinghe and Eco-Spindles  Deputy General Manager Manoj Udawatteat the ground breaking
BOI Horana Export Processing Zone Senior Deputy Director Sujeewa Thilakumara, Ministry of Mahaweli Development and Environment – Environmental Pollution Control and Chemical Management Division Director S.M. Werahera, Secretary to the Ministry of Environm

Pioneering Sri Lankan plastic bottle recycler and manufacturer of polyester yarn and monofilaments, Eco-Spindles (Pvt.) Ltd commenced Phase 2 of its expansion strategy to add 20,000 sq.ft of production space at its state-of-the-art facility in Horana.

Already one of only two such facilities in the entire world, once completed, the expanded facility will double polyester yarn production capacity at Eco-Spindles.

“As the only other entity in the world that is capable of directly manufacturing polyester yarn out of recycled PET flakes, we are extremely well-positioned to capture the rapidly increasing demand for such products. In this manner we are able to generate vital foreign exchange for the national economy, while at the same time, helping to reverse one of the most serious environmental threats of our time using a raw material that we had all considered to have only one use. These are exactly the kind of solutions that hold the key to a sustainable future for Sri Lankans today, and for all future generations,” Dr. Amarasinghe noted.

A wholly owned subsidiary of BPPL Holdings PLC, Eco-Spindles is Sri Lanka’s only value-added exporter of polyethylene terephthalate (PET) waste bottles in Sri Lanka. The company is equipped with the resources to generate 700 tonnes of recycled polyester yarn per annum. With the completion of its expanded production facilities, this capacity is targeted to increase by a further 900 tonnes in the annual production. This represents more than double its current capabilities.

Eco-Spindles plays a substantial role in influencing the collection of waste PET bottles, recycling and creating value-added products out of them. During the year 2019/20, Eco-Spindles had recycled over 81 million PET bottles, amounting to around 2.3 million kilograms of PET.

The company sources its PET bottle waste through its 400-strong network of registered recyclable waste collectors and 19 baling sites, and the company is also actively involved in sustainability-focused public initiatives such as the Sri Pada and Kataragama Waste Management Project, the Coastal Plastic Recycling Project and the Expressway Projects, to name a few.