Plastic recycling industry a promising niche

Poh says plastic recyclers face various challenges in their business.

AMONG the trends in a circular economy are untapped opportunities in the plastic recycling sector, says Joseph Poh, head of United Overseas Bank (UOB) group wholesale banking oil, gas and chemicals.

During his session at the Circular Economy Conference (CEC) 2021, which started off by looking at the extent of plastic pollution globally, Poh’s key message was that recycling of plastic was a promising niche that businesses could look into that would meld sustainability with consumer behaviour.