Fund manager Delta Capital Myanmar recently announced it had invested US$12.6 million in Commercial Plastics Co Ltd (CPC) of Yangon, which recycles post-consumer plastic bottles collected from all over the country. The investment, made via Delta Capital’s Myanmar Opportunities Fund II and Daiwa PI Partners’ Daiwa Myanmar Growth Fund, will enable CPC to buy equipment […]
The business of plastic waste
January 21, 2020 by
Plastic products are both a convenience and a curse but some innovative businesses in Yangon are striving to reduce their impact on the environment. FROM THE packaging of food to the outfitting of cars, plastic is essential to modern life. Its use accelerated rapidly after World War One, though the first man-made plastic material, Parkesine, […]
Local plastics recycling firm receives funding
January 20, 2020 by
Yangon-based investment advisory firm, Andaman Capital Partners, has invested into a local plastics recycling start-up. Andaman Capital has injected a mid-six digit figure in Myanmar Recycles, which will help the start-up to expand its business. The actual sum was not disclosed. “The funding will be used to acquire more recycling equipment that will significantly lift […]
App for recycled products expected to boost recycling
October 7, 2019 by
A new online platform dedicated to marketing recycled products was launched last week in Yangon in a bid to boost efforts to encourage the reprocessing of waste into re-usable materials. The internet-based mobile app, called Recycle Myanmar, connects buyers and sellers of recycled materials. “We don’t touch the trash by hand, but we will solve […]
On a mission to turn Yangon’s food waste into organic soil
September 6, 2019 by
Spoiled meat, fish and vegetables are dumped every day in Yangon as they easily go rotten and produce foul smells. Waste disposal sites produce methane, which pollutes the air, ruins the soil and underground water sources, and takes up valuable land. Yangon city, the crowded commercial capital of the country, produces 2300 tonnes to 2500 […]
Entrepreneur buys unused oBike and Ofo bicycles to donate to poor children in Myanmar
June 5, 2019 by
When bicycle-sharing company oBike pulled out of Singapore abruptly last year, leaving the city with unattended bicycles rusting away in parks and public spaces, Myanmar entrepreneur Mike Than Tun Win saw the perfect opportunity to turn trash into treasure. “What if these bicycles could be distributed to poor students in villages so they can cycle […]
RecyGlo cleans up in recycling
March 15, 2019 by
Coloured waste bins line the walls of RecyGlo’s office in Yangon. Blue is for paper, red for plastic, green for aluminium and black for general waste. The waste is being separated for recycling. “If the plastic, glass and cans that we discard daily are not systematically sorted, recycled and reused, it will have an impact […]
