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By 2016, PetStar already had the capacity to recycle 3,100 million bottles annually, with the use of a business model that promoted the concept of inclusive recycling. To carry this out they have 8 collection plants strategically distributed around Mexico to provide certainty to scavengers and trash collectors who help the planet, and the economy every day by picking up bottles; a revalorization plants sub-products; and the recycling plant.
The PetStar Sustainable Business Model (PSBM), is fully integrated into the value chain of PET bottles, from the direct collection of post-consumer bottles (with scavengers and collectors), all the way to the production of new PET bottles combining virgin raw materials with recycled content. Simultaneously, the PSBM considers circularity in its core business because it promotes local job creation, technological innovation, new products that respond to local markets and engages community members in its operation.
The PSBM is carried out by 3 main stages, which are composed of the series of phases listed below.
1. Collection Processes
2. Recycling Processes
3. Market Customers
The main source of inspiration for PetStar is the preservation of the environment and the power to manage an activity that every day becomes more and more relevant. With the possibility of influencing at national and international level, it really compels Mr. Jaime Cámara to never stop and always be looking for where they can influence, inspire others, collaborate with their example, share their actions, and keep fighting for the idea that someday the mechanism will evolve, public policies will work, and finally the concept of shared responsibility between society, private initiative and government will be achieved.
The sustainable business model of PetStar its focused on maximizing the social, environmental, and economic benefits due to the recovery of bottles and produce more bottles with recycled content. Some of the short term effects of this innovation it’s that this recompilation activity prevents pollution, in 2016 it collected almost 80,000 tons, this data it’s equivalent to 70% of the bottles that its shareholders put in the market; in the social value, it dignifying the labor of scavengers and optimizing the living conditions, like the CEDIC program (Centro de Desarrollo Infantil Comunitario) that provides education, medical care, nutrition and life skills development services in Chimalhuacán, Mexico. This strategy also supports the objectives that the company has implemented for the long-term. By 2020, the company has the target of neutralize its carbon footprint, neutralize its water footprint and zero-plastic leakage and zero-waste.
By 2016, they consolidate their collection strategy, allowing them to eliminate intermediaries, who in their case don’t add value but to add cost, and allowing them to buy a competitive price more beneficial for their associate collectors and their gatherers. They were also able to advance significantly in making their supply chain more efficient, achieving less waste and maximizing use of all the bottles web buy and the sub-products that this mixed lot generates. The efficiency of this strategy allowed them to reduce 75% short term debt.
This innovation has benefited the environment in two ways. First, by reducing the amount of PET bottles in landfills, and as they are converted into PET food-grade recycled resin, the greenhouse gas emissions are 87% less than those of virgin resin (2016).
PetStar is very committed to its Tlatel Xochitenco community, providing their scavengers a stable and dignified income, as well as access to education, food and medical services to their 250 children. The company also opened a museum to increase environmental awareness and educate the community about the shared responsibility in recycling that the community, the government and private companies have.
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Jaime Cámara Creixell, Founder & CEO
PetStar is a company in charge of the construction and operation of a bottle-to-bottle plastic recycling facility. With its sustainable business model, they seek to achieve the maximum social, environmental, and economic value, making up the circular economy of PET bottles from Coca-Cola México. Nowadays, PetStar is an international example of Entrepreneurial Social Responsibility(ESR) and a firm whose fundamental principle is sustainability.