Henkel and Plastic Bank Open Plastic Waste Collection Centers in Egypt
Henkel and Plastic Bank opened its first three plastic waste collection centers in Cairo. The project is part of Henkel’s partnership with the social enterprise. The partners share a joint vision: to avoid plastic waste in the environment while making a long-term social impact for the local population.
The opening of three collection centers in Egypt marks the first step of the commitment to deliver environmental, social and economic impact in the country. Henkel and Plastic Bank aim to expand its engagement in the coming years and to reach a yearly collection capacity of 5,000 tons of plastic waste in 2023. At the collection centers, people can return collected plastic waste and exchange it for money. This prevents the plastic from entering the rivers and oceans, and at the same time Henkel and Plastic Bank reports it can also support the local population by improving the lives of collector communities. Plastic Bank reprocesses the material and returns the so-called Social Plastic back to the value chain — for example in Henkel’s product packaging. Henkel was the first global consumer goods company to partner with Plastic Bank in 2017 and has already launched first product packaging made from Social Plastic in the market.