ISLAMABAD – Nestlé has launched a new scheme in Pakistan which aims to develop a zero-waste, tea-based fertiliser.
Nestlé EveryDay, one of the biggest tea creamers in Pakistan, and Nestlé’s innovation platform HENRi@Nestlé will lead the scheme, which aims to simultaneously reduce tea waste and increase agricultural yields by creating the tea-based solution.
According to Nestlé, Pakistani farmers produce approximately 200,000 tonnes of tea leaves every year. The leaves contain nitrogen, phosphorous and potassium, three nutrients which can create a “quality fertilizer,” and the creation of a tea-based fertiliser product would help reduce the environmental impact caused by the use of chemical-based fertilisers.
https://en.dailypakistan.com.pk/business/fertiliser-prices-increase-by-rs800-per-bag/
The Swiss food giant is now looking for start-ups, innovators, waste management companies, or other corporate partners to help create the “game-changing” product, and the project will consist of three phases.
Firstly, the project will aim to establish a viable method to procure wasted tea, and the second stage will see Nestlé EveryDay collaborate with a partner to convert collected tea into a fertiliser, preferably through a composting process.
The final stage will see the product commercialised and sold to farmers in Pakistan as a cost-effective and environmentally-friendly fertiliser.
The project will initially be piloted in Pakistan, and will be expanded into other tea producing countries such as China and India in the future.
https://en.dailypakistan.com.pk/pakistan/turkish-tea-company-caykur-opens-first-factory-in-northern-pakistan/
According to a recent statement, the company reported profit after taxation of Rs6.3 billion for the six months ended on June 30, 2018 as compared to PKR 7.9 billion in the corresponding period last year.
Nestlé, based in the Swiss town of Vevey where it was founded more than 150 years ago, is the world’s largest food and beverage company. It is present in 191 countries around the world, and its 328,000 employees are committed to Nestlé’s purpose of enhancing quality of life and contributing to a healthier future.
