Circulate Capital launches US$106m fund to address Asia’s ocean plastic crisis

ASIA – Singapore-based venture capital firm Circulate Capital, with founding investors and partners PepsiCo, Procter & Gamble, Dow, Danone, Unilever, The Coca-Cola Company has launched the US$106 million Circulate Capital Ocean Fund. The fund, touted […]

Flipkart to eliminate single-use plastic in packaging by 2021

INDIA – Flipkart, the wholesale arm of the Walmart-owned e-Commerce marketplace in India, has announced that it plans to eliminate single-use plastic in packaging by March 2021. The e-commerce firm said it will move towards […]

Kenya gives bakery sector 9 months extension for the use of banned plastic packaging

KENYA – The Ministry of Environment and Natural Resources of Kenya through the National Environment Management Authority (NEMA) has resolved to extend the deadline for plastic primary industrial packaging for the bakery sector. According to […]

Chinese firm to invest US$6m in a new plastic bottle recycling plant in Kenya

KENYA – Weeco Recycling Co., a Chinese plastic bottle recycling company, has unveiled plans of investing US$6 million (Kshs 600 million) in setting up a plastic bottle recycling plant in Mombasa to expand its operations […]

Rwanda makes strides to banning single use plastics

RWANDA – Rwanda’s cabinet has approved a draft law that seeks to impose a ban on the use of single use of plastics, a move that retaliates the country’s commitment in environmental protection, reports New […]

Shoprite to reward customers for reusing newly launched plastic bags

SOUTH AFRICA – South Africa’s largest supermarket chain, Shoprite has announced that it will pay customers for reusing its newly introduced ‘planet’ plastic bags in an effort to control plastic pollution, reports Business Day. According […]

SodaStream announces launch of 1,000 foot-long plastics collection device

ISRAEL – SodaStream International Ltd., an Israel-based manufacturing company, has announced the launch of the “Holy Turtle” – a massive ocean contraption designed to clean plastic waste from open waters. According to the company, the […]