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Partnership between Greiner Packaging and Plastic Bank extended

Packaging Solutions Green Solutions


In 2019, Greiner Packaging launched its partnership with Plastic Bank by supporting the commissioning of five collection points in Manila, Philippines.

 

Greiner Packaging has now announced that it has extended this long standing partnership with Plastic Bank for a third time. The extension underscores the company’s on-going commitment to protecting the environment and promoting a sustainable future.

 

Plastic Bank is empowering the world to end plastic pollution by building ethical recycling ecosystems in coastal communities and reprocessing the materials collected for reintroduction into the global manufacturing supply chain. Plastic Bank collectors receive a bonus for the plastic they collect, allowing them to earn a higher income. The recycled material is referred to

as Social Plastic feedstock as it offers both environmental and social benefits.

 


‘We are all in agreement: someone has to do something about plastic in the ocean. Plastic Bank and its partners, such as Greiner Packaging, are part of the solution,’ said David Katz, who founded Plastic Bank in 2013.

 

Beatrix Praeceptor, CEO of Greiner Packaging, is thrilled about the renewed partnership, saying: ‘We are extremely happy to extend our collaboration with Plastic Bank for the third time. This ongoing partnership reflects our strong commitment to a sustainable future.’

 

Sustainable action has always been of paramount importance to Greiner Packaging, a manufacturer of rigid plastic packaging and cardboard plastic combinations. Under the motto ‘Join the Circular Revolution!’, the company is calling on its partners along the value chain to commit all their innovative strength to sustainable product solutions. After all, the goal of a sustainable circular economy can only be achieved together.

 

Five plastic collection centres were opened in Manila, the capital of the Philippines, back in 2019. The Philippines is the third largest producer of plastic waste in the world after China and Indonesia. In the Philippines alone, an estimated 2,000,000 tonnes of plastic end up in the sea every year. This means that the need for action on the ground is enormous.

‘We are aware that we cannot solve the entire plastic waste problem in the Philippines. However, our cooperation has a significant impact on the lives of local people,’ explained Beatrix.

 

Collectors exchange plastic waste as currency at local Plastic Bank branches for incremental income and access to life improving benefits such as work and health insurance, meal vouchers, school supplies and more. Offering secure, traceable sources of income and social benefits gives collection communities a way out of poverty.

 

In recent years, over 610 tonnes of plastic waste have already been removed from the environment in vulnerable coastal areas most impacted by plastic pollution. This weight corresponds to the equivalent of over 30 million plastic bottles.

Currently, 1660 people across 137 communities in the Philippines are benefitting from the partnership.

 

Plastic Bank currently operates in the Philippines, Indonesia, Thailand, Brazil, and Egypt.

 

Picture courtesy: Plastic Bank.

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