23 Jumada II 1446 - 24 December 2024
    
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Eye of Riyadh
Business & Money | Friday 8 November, 2024 10:43 am |
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Sparklo expands Ras Al Khaimah operations setting new benchmarks in global recycling efforts

Sparklo, a leader in cleantech solutions, has significantly expanded its production capabilities at its Ras Al Khaimah production unit to meet soaring demand for its revolutionary reverse vending machines, known as Sparklomats. With this expansion, Sparklo’s facility located at Al Hamra Industrial Zone in Ras Al Khaimah Economic Zone (RAKEZ) since 2022 has ramped up to its full planned production capacity of 1,500 units per year, supporting the company’s ambitious growth targets both regionally and globally.

 

In a record-setting year, Sparklo grew its network installing less than 100 to over 300 Sparklomats across the MENA region, achieving significant expansion from 2023 to 2024. This growth aligns with a staggering 300% increase in app installations and a 1,000% surge in bottle collections, with over 50 million bottles collected in the MENA region to date.

 

The Ras Al Khaimah facility remains the cornerstone of Sparklo’s global operations. The technology developed here is not only revolutionising recycling across the MENA region but also setting a global standard for sustainability. This expansion is a testament to the emirate’s position as a hub for sustainability and innovation.

 

Founder and CEO of Sparklo Maxim Kaplevich said, “We’re proud to be part of RAKEZ as we present Sparklo’s innovative recycling solutions on a global scale. RAKEZ provides an ideal environment for our production facility, enabling us to make an impact both locally and globally in regions without established deposit systems. Our partnerships with key players like ADNOC, Lulu, Dubai Municipality, Carrefour, and the Environment Agency Abu Dhabi demonstrate the UAE’s exceptional ability to unite private and public sectors in pursuit of a more sustainable future. Together, we are driving the world toward a cleaner future, reinforcing the UAE’s role as a leader in sustainable innovation.”

 

RAKEZ Group CEO Ramy Jallad said, “Sparklo’s expansion is a shining example of how RAKEZ supports innovative companies in achieving remarkable growth and impact. We are proud to be a part of their story and are committed to continuing our support as they work towards making recycling accessible and engaging worldwide.”

 

The UAE’s commitment to fostering innovation has also been instrumental in Sparklo’s rapid growth, and the company is poised to push the boundaries of what is possible in recycling technology. Currently collecting over 200,000 bottles and cans daily, Sparklo has set ambitious goals to install over 100,000 Sparklomats worldwide by 2030, aiming to collect 5 billion bottles annually. This includes plans to deploy 5,000 Sparklomats across the UAE alone, ensuring comprehensive recycling coverage nationwide. While the MENA region remains its primary focus, Sparklo is also exploring markets in Asia and CIS, with active operations in India, Thailand, Vietnam, Kazakhstan, and Georgia.

 

-END-

 

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