The German company Henkel has signed a partnership with Plastic Bank, a company committed to combating ocean pollution by plastic waste. The two partners will collect and recycle waste in Egypt.
The partnership supports the Egyptian government’s waste management efforts. Two private companies have thus decided to invest in the recovery of plastic waste. They are Henkel, a German company specialising in the supply of household products such as detergents and household cleaning, beauty products, glues and adhesives, which will work with Plastic Bank, a social enterprise that fights against pollution of the seas by plastic waste.
The two partners will work together over the next five years, including the installation of at least 400 plastic waste collection points in Egypt. The collection points installed by Plastic Bank will allow individuals to exchange their plastic waste for money, goods or digital services. This incentive system will improve the rate of recovery of plastic waste from the environment. These are destined for recycling. Read more…
