Post-Consumer Recycled (PCR) PCR resin is produced from used plastic packaging from households that has been recycled with cuttingedge technology. The properties and functional safety of GC’s high-quality PCR are on par with virgin resin, allowing it to be formed into products for food-contact applications as well as into packaging for home and personal care products. GC operates its PCR business through ENVICCO Co., Ltd. (ENVICCO), offering two types of products: PCR PET This food-grade resin has mechanical properties comparable to virgin PET. and has been certified to international safety standards for food and drink packaging. It has been certified to meet international safety standards, such as the European Food Safety Authority (EFSA) and the U.S. Food and Drug Administration (USFDA) and approved by the Thai Food and Drug Administration for use in the production of food-contact containers, making it suitable for being molded into food and beverage packaging. PCR HDPE This packaging-grade resin has mechanical properties comparable to virgin HDPE. Thanks to its strength and durability, it is well-suited for molding into containers of home and personal care products, such as washing detergent, shampoo, soap bottles, and lubricant bottles. Policy and Marketing GC conducts i ts business wi th environmental stewardship in adherence to circular economy principles, with the goal of serving as a role model of resource efficiency by developing products with recyclability in mind and through sustainable plastic waste management. To achieve this, GC has implemented projects to raise awareness, such as the “ThinkCycle Bank,” a school initiative promoting circular waste management. Under this project, students are educated on waste separation and encouraged to deposit recyclables at the school’s waste bank to convert them into savings. In 2023, 28 schools in Rayong and Chonburi participated in the program. GC has also taken part in collaborative projects with customers, suppliers, and business partners. This includes the collection of used plastics through the GC YOUTURN Platform. For this project, over 170 drop-off points are set up nationwide in partnership with various partners, such as PTT Oil and Retail Public Company Limited (OR), Advanced Info Service Public Company Limited (AIS), and Kasikornbank. Other activities include Green University, a program aimed at raising awareness among students from 11 universities where used plastics are given a new life through GC’s advanced recycling technology and transformed into versatile new products, with a particular focus on bottle-to-bottle recycling. With respect to PCR marketing, PCR adoption and demand development in Southeast Asia is only in the initial phase. The primary market is manufacturers of commodity goods with sustainability policies and targets. It is expected that the global market for it will expand significantly in the next 2-7 years in accordance with the sustainability targets of manufacturers and national targets. In terms of sales and marketing, its Company Product Nameplate Capacity (thousand tons per year) ENVICCO PCR PET 30 PCR HDPE 15 58
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