Philippines: Republic Cement has signed a memorandum of agreement with Nestlé Philippines to co-process post-consumer plastic waste. The agreement was signed by chairman and chief executive officer (CEO) Kais Marzouki and Corporate Affairs Head Attorney Ernesto Mascenon of Nestlé Philippines, and president Renato Sunico and director Nabil Francis of Republic Cement and Building Materials.
“Nestlé is aiming for plastic neutrality, which is essentially recovering plastics equal to what we produce. Aside from our current collection and recycling initiatives, we believe this effort will help us gather and co-process bigger volumes of post-consumer waste,” said Marzouki.
In April 2018, Nestlé globally announced a commitment that 100% of its packaging will be recyclable or reusable by 2025. The company’s vision is that none of its waste ends up in landfill or as litter. Nestlé has initiated and is driving waste collection efforts with various partners.
