I’m delighted to say that Nestlé Indonesia (Nestle) has agreed to provide Re>Pal pallets with a grant to help us expand our plastic waste collection activities, and improve awareness, of the Company’s recycling capability across Java. I have signed a grant agreement with Nestle which provides funding for 2 trucks, a trommel for waste separation and 4 Press Baling Machines to the total value of approximately $A100,000.
Nestle’s support is further evidence that large corporations in Indonesia are now taking the waste problem seriously and their financial help is very welcome for Re>Pal. Nestle Indonesia has worked with Re>Pal on successfully trialling its flexible packaging waste into Re>Pal pallets, has previously purchased pallets from Re>Pal under a current Letter of Intent and has now expanded its relationship by signing this agreement to help fund this expansion of Re>Pal’s waste logistics. We look forward to more such collaborations with similar multi-national companies in the future for capturing and reprocessing waste plastic into assets and helping fuel the circular economy.