The most innovative company in small and mighty of 2023
In the Small and Mighty category, this year's pioneering company is leading a transformative revolution.
Explore the Fast Company Middle East’s Most Innovative Companies 2023 list; featuring 42 winning entries reshaping businesses and industries. We’ve selected the companies making the most significant impact with their initiatives across 23 categories, including the most innovative services, sustainability & cleantech and retail companies.
In the Small and Mighty category, this year’s pioneering company is leading a transformative revolution within the plastics recycling industry, addressing trust and transparency issues and ushering in a more sustainable and efficient trade in recycled plastics.
Rebound LimitedÂ
For easing the trade of recycled plastic
While plastic waste has become a significant problem, there are challenges in the trade of recycled plastics, including trust and transparency. Addressing these pain points, since launching in 2022, Rebound Plastic Exchange (RPX), a B2B marketplace to trade recycled plastics, has registered over 150 members from over 40 countries. RPX specializes in its certification protocol in ensuring facility inspection and trade quality are performed on the platform, providing transparency in pricing, and ensuring all trades are regulatory compliant. Rebound is developing version 2.0 of its platform, using advanced technologies to create a one-stop shop for recycled plastic materials and a centralized international gateway that enables global stakeholders to trade recycled plastic feedstock more efficiently.