Coca-Cola Philippines recently shared with stakeholders and media the four-year progress of its World Without Waste goals—the company’s global sustainable packaging initiative to support a circular economy to eliminate waste through the continual use of packaging as a valuable resource.
“The EPR Law places responsibility for products squarely on the shoulders of the manufacturer from cradle to grave. Hence, I have to laud your company for not only looking at collection compliance but also developing ways in which your very packaging incorporates recycled material and uses less virgin plastic,” she further added.
As the world’s largest producer of recycled resin used in plastic beverage bottles, PETValue Philippines is Indorama Venture’s latest and most advanced recycled PET facility, joining a family of recycling plants across Europe, the Americas, and Asia. Sanjay Ahuja, Executive President of Combined PET, Indorama Ventures shared, “The linear economy of the past was about ‘make, use, dispose.’ The circular economy of the future is about ‘make, use, collect, and recycle.
The company’s program with Plastic Bank has enabled the collection and recycling of almost 13.7 million PET plastic bottles—an undertaking that has simultaneously benefited the lives of informal waste collectors in Cavite. They were given access to training, tools, and equipment for efficient waste collection and a source of livelihood and were connected to Materials Recovery Facilities and junk shops that buy their collections to ensure the sustainability of the program.
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