This data is live from Alchemy

Our proprietary blockchain-secured platform

Data last verified: Monday, 02/05/2024

1Ocean-bound plastic

Plastic Bank operates under the global standard defined by Jenna Jambeck. Ocean-bound plastic is defined as plastic that has not yet found its way into the ocean but is classified as "mismanaged waste". That is, plastic that is not being (formally) collected, is not likely to be collected, and is found within 50km of an ocean-bound waterway or coastal area.

2Community Members

Individuals within a recycling community who collect plastic and exchange it at a Plastic Bank collection branch for secure income and life-improving benefits.

3Equivalent Bottles Stopped

The amount of ocean-bound plastic collected and recycled in our recycling communities converted into bottles. Conversion rate is 50 bottles per kg (the average weight of a 500mL bottle is ~20g)

4Recycling Communities

Community of plastic collectors living within 50 kilometres of ocean-bound waterways involved in plastic collection and its exchange at Plastic Bank collection points.

Alchemy™

Alchemy is the blockchain platform that powers the Plastic Bank app. It enables fully traceable recycling processes, secures income for recycling community members and tailors impact reports for our stewards.

Plastic Bank’s Partnership with Advansa

INNOVATING SUSTAINABLE FIBRE ALTERNATIVES

ADVANSA is a leading polyester fibre supplier based in Germany, known for its commitment to sustainability. ADVANSA is making a positive social and environmental impact by providing a broad fibre portfolio of sustainable offerings for its partners and end consumers. Advansa has partnered with Plastic Bank since 2019, using Social Plastic® feedstock to develop sustainable fibres for their Aerelle® Blue and Suprelle® blue brands. The fibre is fully traceable, from the recycling of the bottle to the fibre fluff.

Page manually updated April 19, 2023.

Making environmental and social impact 

Advansa’s cumulative impact at the end of 2022 was over 1.5 million kilograms of plastic, equivalent to over 78 million plastic bottles. This partnership also helps collection members find a path out of poverty, creating environmental as well as social impact in communities with insufficient waste management systems.

Bali, Indonesia, Sept. 2021
A series of photos of Advansa products
It is estimated that up to 10 million tons of plastic waste enters the ocean from coastal communities each year. Advansa is partnering with Plastic Bank to take action against plastic waste. Plastic collected by Plastic Bank is cleaned and mechanically recycled before being used by Advansa as a valuable raw material in fibre production.

David Bayliss,
Managing Director of ADVANSA Marketing GmbH

 

​It takes business change to arrest climate change and Advansa is one progressive company that understands it. Plastic Bank is delighted to continue its partnership with Advansa to further the quest for Ocean Stewardship.

David Katz
Founder of Plastic Bank

Meet Our Global Partners

We’re the environment’s alchemist – turning plastic into gold. Become part of the solution by activating your business with one of our partnership programs

Become a Partner

Meet Our Global Partners

We’re the environment’s alchemist – turning plastic into gold. Become part of the solution by activating your business with one of our partnership programs

Become a Partner