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My biggest priority is to promote the recycling industry - Mir Mujtaba

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Melting Scrap
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28 Jun 2024, 13:31 IST
My biggest priority is to promote the recycling industry - Mir Mujtaba

  • BigMint catches up with Mir Mujtaba, President, Bureau of Middle East Recycling (BMR)

What inspired you to establish BMR and how has its mission evolved over the years?

During the 2008 financial crisis everyone started backing out of contracts and not honouring their deals as overall economic collapse gripped the system. The trust factor was disappearing from the market but the recycling industry was an exception. As a founder of BMR, I thought it was very important to bring all the recyclers in the Middle East on one platform to inculcate trust. So, to plug this trust deficit BMR was formed with about 60 delegates from different countries.

The scrap market has seen many shifts recently. What are the key trends you have observed in 2024, and how is BMR adapting to these changes?

Yes, the market has seen many shifts. At last year's annual conference, there was a resolution passed by us that we will no more use the word scrap. We will use the word recyclable items or recycling instead. The focus has shifted to recycling rather than just considering the material as scrap. This is a major shift of focus. At BMR, we will continue to promote the recycling industry irrespective of market shifts.

What innovations or strategies will shape the future of recycling?

The recycling industry is the most important industry that craves overall recognition. I am promoting Global Recycling Day on 18 March every year. If we do not really promote recycling in the right way, what is the resource that will remain for the use of future generations? As an ambassador of the Global Recycling Foundation, my biggest priority is to promote the industry. I am in this industry for over 34 years now and I have seen many ups and downs.

Jupiter Metals Trading L.L.C. has a significant presence in the global metals market. Can you share some recent achievements of the company?

Surely we have a very significant presence in the global market. I believe that the trust and transparency of our business and our techno commercial experience, as well as excellent staff are our most significant achievements. We are striving to be one of the most transparent and trustworthy companies in the recycling industry.

28 Jun 2024, 13:31 IST

 

 

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