About Plastic Bank
Plastic Bank® is empowering a regenerative society by helping the world stop ocean plastic while improving the lives of those who help collect it. The Company builds ethical recycling ecosystems in coastal communities, and reprocesses the materials for reintroduction into the global manufacturing supply chain. The collected material is reborn as Social Plastic® which can be easily reintegrated into products and packaging as part of a closed-loop supply chain. Plastic Bank’s collectors receive a premium for the plastic they collect, which helps them provide basic family necessities such as groceries, cooking fuel, school tuition, and health insurance. The Company’s proprietary blockchain platform secures the entire transaction and provides real-time data visualization – allowing for transparency, traceability, and rapid scalability. Plastic Bank currently operates in Haiti, Brazil, Indonesia, Philippines, and Egypt.