Rebound secures visible spot at upcoming plastics conference

Abu Dhabi, United Arab Emirates-based Rebound Plastic Exchange will have a visible presence at the March Plastics Recycling Conference, including status as a Platinum Sponsor of the event. The conference takes place March 7-9 at in the National Harbor area in Maryland, near Washington.

Rebound says it is scheduled to open for trading later this year and that it will “introduce globally recognized standards, certification and quality assurance into the supply chain.” The platform says it “aims to increase the efficiency of recycling plastic at scale, provide new economic opportunities and reduce the impact of plastic pollution on our planet.”

Maryam Al Mansoori, general manager of Rebound, says, “We’re excited to introduce Rebound Plastic Exchange to a North American audience for the first time at the Plastics Recycling Conference. The exchange is a global solution that facilitates a truly circular economy by enabling buyers and sellers of plastic feedstock to trade efficiently at scale. It unlocks a $15 billion global business opportunity, allows companies across all sectors to access recycled content with confidence, and creates new opportunities for communities in the value chain to grow their economies.”

In the growing plastics recycling sector, Rebound says it “facilitates much-needed material flows with a quality-assured platform to purchase and provide feedstock of recycled plastic.”

Douglas Woodring, who holds the title of lead expert at Rebound Ltd., says, “Rebound Plastic Exchange is the needed intervention that will transform the world’s plastic recycling industry. For the first time, the trade of plastic feedstock will see the same levels of trust and transparency that exist in the market for other commodities, increasing business confidence and encouraging greater trading volume, which will mean a reduction in plastic going to landfills.”

Rebound says its passporting system will support governments’ commitments to the Basel Convention’s Amendments while “responsibly participating in the trade of plastic.” Rebound says its target is that by 2025, roughly 5 million tons of recycled plastic will have been traded via the exchange.