New initiative 'money4glass' to boost glass recycling in South Africa

Close-up of a broken glass bottle on the ground. Glass being dumped instead of recycled credit Ivan Radic
Sustainability

Ardagh Glass Packaging – South Africa (AGP) introduces 'money4glass,' leveraging BanQu's web-based technology to enhance its glass recycling value chain. The platform ensures efficient tracking and monitoring of cullet trades, benefiting recyclers by facilitating faster, safer, and transparent transactions. The supply chain comprises three levels of recyclers, and certain qualifying recyclers are eligible for incentives and subsidies to boost glass recycling in SA.

AGP recognises the growing consumer demand for sustainable products and packaging. In line with government efforts to promote a circular economy, AGP adheres to the Extended Producer Responsibility (EPR) legislation, which holds producers responsible for their products' entire lifecycle. The BanQu technology enables data collation for EPR Plan and B-BBEE audits, mitigates fraud risks, and drives recycling and transformation in the glass recycling industry.

The user-friendly platform, accessible on internet-enabled devices, fosters transparency in transactions between registered buyers and sellers across all levels. Traders benefit from easy, cashless transactions, electronic records, and prompt subsidy payments. Ardagh and industry players gain from a connected recycling network, real-time reporting, and compliance with POPIA regulations, enhancing BEE procurement scores.

Most importantly, 'money4glass' empowers downstream recycling players, fosters enterprise development, and strengthens waste collection networks, promoting economic empowerment and small business growth.

Close-up of a broken glass bottle on the ground. Glass being dumped instead of recycled credit Ivan Radic
Close-up of a broken glass bottle on the ground. Glass being dumped instead of recycled © Ivan Radic (CC BY 2.0)
Paul Curnow, CEO of Ardagh Glass Packaging–Africa, said: Sustainability is a core focus for Ardagh, and we are acutely aware how important it is to drive increased recycling. We are confident that this initiative is going to take glass recycling to a new level in South Africa.

Note: The provided summary is a concise version of the original press release by Ardagh Glass Packaging. For more information, visit money4glass.co.za.

Latest Packaging News

Scientists turn grapevine waste into clear, strong films that vanish in days
Sustainability

Scientists turn grapevine waste into clear, strong films that vanish in days

A new study from South Dakota State University reveals how grapevine canes can be converted into...
Resilient in uncertain times, pulp and paper sector continues to lead on sustainability and decarbonisation, new data shows
Sustainability

Resilient in uncertain times, pulp and paper sector continues to lead on sustainability and decarbonisation, new data shows

The Cepi key statistics report 2024 shows that pulp and paper sector remained resilient in 2024,...
Bradman Lake to showcase compact cartoner and case packer at PPMA Total Show
Supplier News

Bradman Lake to showcase compact cartoner and case packer at PPMA Total Show

Bradman Lake, a global leader in packaging technology, will present its compact cartoner and case...
The ultimate guide to commercial packaging solutions
Supplier News

The ultimate guide to commercial packaging solutions

In today’s competitive market, commercial packaging plays a crucial role in ensuring products are...
Amazon advances global packaging reduction and sustainability efforts
Sustainability

Amazon advances global packaging reduction and sustainability efforts

Around the world, Amazon continues to focus on reducing packaging and making the materials it uses...