Ecovia’s key vision is to tackle the irresponsible consumerism causing climate crisis, by bringing eco-friendly alternatives to single-use plastics
Dekko ISHO Group, one of the leading Bangladeshi conglomerates, signed a monetary and strategic capital investment agreement with Ecovia, a bioplastic initiative with its innovation in compostable polymer, led by three young entrepreneurs from Dhaka.
The ceremony took place in Dekko ISHO’s corporate office, said a press release.
Prottoy Hossain, director of Dekko ISHO Group, and Rashik Hassan, Riasat Zaman, and Ashfaqul Azam, co-founders of Ecovia, attended the program.
Ecovia’s key vision is to tackle the irresponsible consumerism causing climate crisis, by bringing eco-friendly alternatives to single-use plastics.
They started their journey in early 2018, turning their innovation into a market-viable product.
Alongside biodegradable packaging, they aim to manufacture adjacent products for both local and global markets.
“This endeavour is a step towards integrating more sustainable practices in our business operations,” said Prottoy Hossain, director of Dekko ISHO.
He added that Ecovia will play a big role in ensuring global environmental sustainability, and Dekko ISHO are proud to be a part of their future endeavours.
A plastic bottle takes 450 years to decompose if left in the open earth or ocean. Ecovia produces eco-friendly packaging out of apparel waste, which biodegrades only 150 days after disposal, said Rashik Hassan, CEO and co-founder of the venture.
The signing ceremony took place on World Environment Day. The company also observed the occasion by distributing plant saplings amongst the employees at its corporate office, plantation activities in its green factories, and emphasizing on efficient use of electricity during work hours.