LOW RATE OF PLASTIC RECYCLING SEEN AS A MISSED OPPORTUNITY

© Provided by BusinessWorld THE PROPORTION of plastics that are recycled in the Philippines is about 30%, with the unrecycled materials that go to waste valued at around $1 billion, the International Finance Corp. (IFC) said. IFC Country Manager Jean-Marc Abrogast said deterrents to recycling include high power costs and cheap landfill disposal fees. “We estimate that to be around $1 ...

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