Singapore — Elevated Elements Group today joined the Asia-Pacific Plastics Pact, becoming the first chemical-recycling operator to sign the regional commitment. The pact brings together ten global brand owners, two host governments, and a coalition of waste-management operators around a shared 2030 target for circular polymer content in the region.
Why we signed
The pact does three things that matter to us.
First, it commits brand owners to measurable offtake of recycled-content polymer — not just intent statements, but volume targets backed by purchase commitments. For chemical recyclers operating in ASEAN, that demand signal is the single most important enabler of new plant capacity.
Second, it commits signatory governments to regulatory clarity on what counts as recycled content for compliance purposes. Without that, mass-balance accounting and chain-of-custody rules vary plant-by-plant, country-by-country.
Third, it establishes a transparent reporting framework so that signatories’ progress is auditable by third parties. Recycled-content claims have a credibility problem; standardised reporting is how we fix that.
What we’re committing to
EEG’s commitment under the pact is to:
- Reach 120,000 tonnes per year of mixed-plastic feedstock processing across our operating fleet by end of 2027.
- Maintain third-party-audited mass-balance accounting across all sites.
- Publish quarterly operational data — uptime, on-spec yield, energy intensity — through the pact’s shared reporting framework.
These are commitments we were going to make anyway. The value of the pact is that it puts a dozen other organisations on the same hook, and gives all of us a common framework to measure each other against.
What’s next
The first cohort of signatories meets in Jakarta in May 2026 to align on reporting methodology. We will be publishing our first quarterly data under the framework in Q3 2026.
For media enquiries, please contact press@elevated-elements.group.