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.
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.
Under the program, sari-sari stores can become collection points of plastic wastes, while consumers can sell post-consumer plastic for a "predetermined price" per kg to designated collection points.
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