Latest Breaking News On - Plastic credit exchange pcex - Page 1 : comparemela.com
April 8, 2021 | 12:01 am Font Size
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LISTED food products maker Century Pacific Food, Inc. said on Wednesday that it partnered up with nonprofit Plastic Credit Exchange (PCEx) in rolling out a plastic-waste-to-cash program for sari-sari stores owned by women.
In a press release, Century Pacific said that the initiative called “Aling Tindera” allows the stores to become collection points for post-consumer plastic waste.
“Residents can then sell, through their respective ‘Aling Tinderas,’ post-consumer plastic for a predetermined price per kilogram. Once ‘Aling Tindera’ fills up the container, PCEx purchases the lot of post-consumer plastic at a mark-up, then taps its ecosystem of partners who recover, process and recycle the waste,” Century Pacific explained.
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Manila, Philippines –
January 20, 2021 – There is no question that apart from finding a way back to normalcy after this pandemic, climate change is the most important issue our planet is facing today. Specifically, the mounting challenge of ensuring waste does not end up in nature and pollute water streams. While plastic is still the most effective and efficient packaging for food products, there remains the challenges of reducing the use of plastic, ensuring that the plastic being used is recycle-ready, and that collection, recycling, and processing really occur in the community.
Snack company Mondelez Philippines has committed to do its part in taking on these challenges globally. “We are committed to evolving our portfolio to recycle-ready packaging and to minimizing the impact of our products, packaging and operations,” explains
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