Henkel Egypt was the first fast-moving consumer goods company to collaborate with Plastic Bank in 2017.
By positioning Egypt as one of the major players in the plastic waste management and exporting field, the state will be able to secure foreign currency while providing job opportunities, Vice President Africa and Marketing MEA and President Henkel Egypt, Ahmed Fahmy commented.
Henkel Egypt and Plastic Bank intend to spread environmental awareness, enhance economic empowerment, in addition to boosting women empowerment and inclusion.
Plastic Bank currently works with more than 170 global partners, and operates in Haiti, the Philippines, Indonesia, and Brazil.
Egypt recently witnessed the signing of strategic partnerships with seven of the leading companies working in the local market, to help with recycling single-use plastics.