The daily volume of plastic waste generated in Hanoi stands at more than 1,000 tons but only 2 per cent is recycled, with the remainder discharged into the environment. The Hanoi Urban Environment Company (URENCO) has said it is investing in a Polyethylene Terephthalate (PET) plastic recycling factory with a capacity of handling 100 tons of plastic waste, which will be put into operation in 2023.