Plastic Bank & Henkel Egypt celebrate collecting 300 Mn plastic bottles in less than 2 years

Plastic Bank & Henkel Egypt celebrate collecting 300 Mn plastic bottles in less than 2 years

Cairo – Plastic Bank celebrated, yesterday, the collection of more than 300 million plastic bottles in Egypt, preventing them from reaching the river and seas. This new milestone comes as part of its strategic partnership with Henkel Egypt. The event was held at the house of the Canadian Ambassador to Egypt, H.E. Mr. Louis Dumas, and in the presence of Amr El-Kady, Regional Director for Egypt, Middle East & Africa at Plastic Bank; and Carol Milan, General Manager at Henkel Egypt.

Plastic Bank has formulated a comprehensive strategy that aims at creating an ecosystem for collecting plastic waste and improving waste collectors’ living conditions. Moreover, it plans to promote plastic waste exports in Egypt, which contribute to the national economy; offering a source of foreign currency, job opportunities, and a competitive advantage.

Under its strategic partnership with Henkel Egypt, Plastic Bank introduced a comprehensive ecosystem for the first time in Egypt to support the circular economy. As a social enterprise, it aims to reduce plastic waste and improve the living conditions of low-income families through establishing plastic waste collection centers. These centers will enable the process of collecting, sorting, and recycling plastic waste. Then, the recycled materials will be used as raw