FTI launches recycling project for businesses

The Federation of Thai Industries (FTI) has joined forces with two state agencies to work on a project to turn industrial and agricultural waste into raw materials or new products in a fresh move to reduce waste under the circular economy concept.

The cooperation aims to help Thailand better manage rising levels of waste, said Sukit Limpijumnong, president of the National Science and Technology Development Agency (NSTDA), which signed a memorandum of understanding on the project with the FTI and the Department of Industrial Works.

A circular economy, which is part of the bio-, circular and green (BCG) economic development plan, involves an upcycling process to add value to unwanted materials and make…