The 34-year-old company is under judicial management. It made a name for itself by recycling millions of red packets discarded during Chinese New Year and is one of Singapore's biggest paper recyclers.
Filipinos want efforts to tackle ocean pollution to focus on plastic production cuts, a survey by Greenpeace found ahead of the penultimate meeting for the first ever pact on plastic trash. But environmentalists fret that negotiators are prioritising waste recovery instead.
The region’s per-capita burden is low but its recycling laws cannot handle the sheer volume of junked phones and fridges. Globally, improperly discarded gadgets, including solar panels, add to a mounting health and environmental crisis.