Monbat AD Starts Reversed Treatment of polyethylene separator According to of a Signed Memorandum with the Ministry of Environment and Water (MoEW)

Corporate
March 16, 2021

On March 16th 2021, Monbat AD launched its own program for liquidating the consequences of the unscrupulous management of polyethylene separator, handed over to contracted third-party companies, licensed by the MoEW, obliged to perform reliable storage and/or recovery of final industrial waste. The program will be implemented according to a signed memorandum with MoEW and to the regulations of Art. 7, para. 2 of the Waste Management Act (WMA) as a manifestation of constructive responsibility for the complete reverse treatment of the  end-waste from the recycling activities of the Monbat Group.

Monbat and its subsidiaries: Monbat Recycling EAD, S.C. MONBAT RECYCLING S.R.L. - Romania and MONBAT PLC d.o.o. - Serbia, commit themselves to a clearly defined plan-schedule for reverse treatment of 3590 metric tons (MT) of  production end-waste - polyethylene separator. The first step of the program includes the withdrawal of 369 MT of polyethylene separator of unknown origin and generator, from the Lakata area, in the land of the town of Cherven Bryag. This procedure will be carried out by order and under the control of RIEW-Montana.