
Philippe Von Stauffenberg, CEO of Greenback Recycling Technologies, said in the first phase of the new pyrolytic oil plant, it is contemplated to transform more than two thousand tons per year of flexible plastic packaging into raw material, in order to manufacture new packaging for different products.

The executive president of Nestlé Mexico, Fausto Costa, indicated that the circular economy is very important to contribute to the environment and generate valuable products. "With this step we are taking today with Greenback, we are going to enter into circularity, which is a great challenge... how to give an adequate treatment to a post-consumer waste that today had no value, that today we call garbage," he said.
At the inauguration event, the governor of Morelos, Cuauhtémoc Blanco Bravo, pointed out the importance of promoting sustainability and on this occasion, promoting the optimization of resources, as well as the reduction in the consumption of raw materials. "We are very proud that Morelos has been chosen for this important project, it takes us to the forefront with the expansion of this economic model; I am very pleased that this company has had the vision to be here in Cuautla, congratulations and success," he said.
It is worth mentioning that Nestlé Mexico made an alliance with Greenback Recycling Technologies, a company based in the United Kingdom, which develops solutions for the collection and recycling of plastic materials.