TODAY-Dec 5

A Singapore-based venture capital firm has unveiled a US$106 million (S$144 million) fund aimed at cleaning up Asia’s marine plastic crisis by financing companies focused on preventing plastic pollution. The firm, Circulate Capital, said in a statement on Wednesday (Dec 4) that the fund was the “world’s first investment fund dedicated to addressing Asia’s plastic crisis”. Its founding investors include: The Coca-Cola Company, PepsiCo, consumer products giant Procter & Gamble and petrochemical company Chevron Phillips Chemical.

Read more at https://www.todayonline.com/singapore/new-spore-based-us106m-investment-fund-tackle-asias-plastic-waste-crisis