ALTA GROUP AND SAIGON CO. OP COOPERATES TO BUILD A WASTE RECYCLING MODEL

Alta Media – the unit that “recycles” plastic bottles

(Ho Chi Minh City), on April 12, 2024, the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op) signed a memorandum of understanding (MOU) with Winrock International. Accordingly, the two sides are committed to reducing environmental pollution by creating a waste recycling model, strengthening classification at the source, and enhancing the expanded responsibility of manufacturers. Within the framework of the program, Saigon Co.op co-signed with 2 partners, Tan Binh Culture Joint Stock Company (ALTA Group) and Green Connect Joint Stock Company. These are the two units implementing the program at Saigon Co.op’s points of sale. This collaboration is within the framework of the USAID-funded Pollution Reduction Project; the project is managed and implemented by the Ministry of Natural Resources and Environment in collaboration with Winrock International.

Signing session between Saigon Co.op and Winrock International.

With the waste recycling model project, Saigon Co.op and ALTA Group have installed plastic bottle collection systems at 12 Co.op mart supermarkets in Ho Chi Minh City. At the signing ceremony, ALTA Group also added a plastic bottle collection machine system at Saigon Co.op’s office in Binh Thanh district with the desire to reach more people around the area.

The Plastic Bottle Collector System is part of the GREEnfinity project, which focuses on environmental protection technology to build a plastic-free planet. Each empty plastic bottle\/aluminum can will contribute reward points and the points will be converted into shopping vouchers on the e-commerce platform. The pilot implementation program in Ho Chi Minh City. From March 2024 to January 2025, it will then be studied and implemented throughout the system.

The signing session between ALTA Group, Saigon Co.op and Green Connect.

The plastic bottle collection machine uses modern AI technology to automatically identify, sort and collect used plastic bottles\/empty aluminum cans, contributing to promoting the enforcement of extended producer responsibility (EPR). The operation process of the device is simple, just put plastic bottles and aluminum cans into the recycling port, the machine will automatically recognize and process. These recycled products can then be used as materials for 3D printers and the production of display products.

As a member company of Alta Group, also the representative of the project deployment, Alta Media is the unit that provides a comprehensive technology solution to the environment from a combination with 3D printing system. The plastic bottles after treatment will be pureed, purified and melted to form plastic fibers. These plastic fibers will be an important “factor” to create 3D printed floors. The 3D printing products will bring a new life cycle, “reborn” again to become useful products or beautiful display products.

Ceremony to welcome and launch the system of plastic bottles and aluminum cans at Saigon Co.op office

Through this cooperation, the units together promote the potential to accomplish the common goals: minimizing waste and environmental pollution, promoting green conversion in production and business activities as well as improving. The awareness of environmental protection for the community.

Mr. John Harris - Deputy Director of Climate, Energy and Environment, Mr. Le Truong Son - Deputy General Director of Ho Chi Minh City Trade Cooperative Union and Ms. Diep Hong Di: Standing Deputy Secretary of the Party Committee of Saigon Co.op are experiencing the process of removing plastic bottles.

Tan Binh Culture Joint Stock Company – ALTA Group was established in 1989, operating in multi-industry activities in the fields of information technology, plastic packaging, machine manufacturing, cosmetic chemistry and financial investment. Up to now, Alta Group has built a solid reputation and is a reliable partner of many organizations, businesses as well as individuals across the country.

Saigon Co.op – Established in 1989, is a cooperative economic organization based on the principles of establishing collective ownership, autonomous production and business activities and self-responsibility. Over 30 years of construction and growth, Saigon Co.op has succeeded in building a typical cooperative brand of national and regional stature.

Au Lac Technology and Communication Application Co., Ltd. – Alta Media was established in 2008, Alta Media always aims for advanced technology solutions, constantly changing and breakthroughs in technology.