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Consumers, sari-sari stores to earn from collecting plastic waste: Century Pacific

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<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2021/business/04/07/20210407-post-consumer-plastic1.jpg"/><figcaption>One of two containers installed by CNPF in the City of Manila for the collection of post-consumer plastic waste. <em>Handout</em></figcaption></figure></div><p>MANILA - Consumers and select sari-sari store owners in the Philippines can now earn cash through the collection of post-consumer plastic, Century Pacific Food Inc said Wednesday. </p><p>In a disclosure to the stock exchange, Century Pacific said it would participate in the global Waste-to-Cash program of the Plastic Credit Exchange (PCEx) which aims to incentivize microentrepreneurs while protecting the environment.</p><p>Under the program, sari-sari stores can become collection points of plastic wastes, while consumers can sell post-consumer plastic for a &quot;predetermined price&quot; per kg to designated collection points.</p><p>Once filled up, the exchange program will purchase the waste at a &quot;mark-up,&quot; Century Pacific Food said.</p><p>The company said it has installed 2 10 to 20 foot containers for sari-sari store owners in Barangays 432 and Baseco Port in Manila to assist in their collection of post-consumer plastic.</p><p>Each container can hold up to 5,000 to 7,000 kg of waste, it said.</p><p>&quot;Through this program, both sari-sari store owners and community members are given the opportunity to not only make extra income, but are also empowered to depollute the environment around them,&quot; the company said.</p><p>The Philippines could tap as much as $1.1 billion in material value by recycling more plastic wastes annually, a World Bank report earlier said.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/04/01/21/philippines-can-unlock-up-to-11-billion-from-recycling-plastic-yearly-world-bank">Philippines can unlock up to $1.1 billion from recycling plastic yearly: World Bank</a></li></ul><div><strong>RELATED VIDEO: </strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1631906" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>Consumers and select sari-sari store owners in the Philippines can now earn cash through the collection of post-consumer plastic, Century Pacific Food Inc said Wednesday. </p>

Consumers and select sari-sari store owners in the Philippines can now earn cash through the collection of post-consumer plastic, Century Pacific Food Inc said Wednesday.