Waste management startup Blue Planet buys disaster recovery firm

SINGAPORE-BASED waste management startup Blue Planet Environmental Solutions has acquired Disaster Restoration Pte Ltd Singapore (DRS), a provider of disaster recovery and restoration services.

This comes shortly after Blue Planet's acquisition of Wah & Hua, a waste management firm in Singapore. The two investments are part of Blue Planet's strategy of creating a more sustainable and integrated waste management ecosystem in the growing Asia-Pacific market, the company said.

Since its inception in 2008, DRS has completed the recovery of hundreds of disasters each year, ranging from small-scale residential fires or floods to large-scale industrial accidents and chemical spills, Blue Planet added.

In Singapore, some high-profile emergency projects include the safe extraction of hazardous gas cylinders from an industrial explosion and the clean-up of a chemical spillage at a testing laboratory.

The integration of DRS' expertise will let Blue Planet provide an integrated hazardous waste management ecosystem that can segregate, process and upcycle waste from disaster sites in an environmentally friendly and efficient manner.

"As our integrated materials reclamation processes lead to fewer materials being disposed of into incinerators or landfills, our solutions are not only better for the environment, but also more cost-effective as well," said Himanshu Bakhda, director of DRS.

Currently, Blue Planet companies process more than 15,000 tonnes of waste per day across different projects, and have deployed more than 70 decentralised organic waste units of various sizes across South Asia.

Other services and technologies provided by the company include non-hazardous e-waste recovery, large-scale landfill remediation and green building waste solutions in Singapore, India, Malaysia, Vietnam and the UK.

READ MORE: Singapore waste-management firm Wah & Hua sold to regional player Blue Planet