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Fortuna Coconut Coolers

Description

Expanded polystyrene is widely used as an insulator for food transport; in SE Asia, with its huge fish trade, several hundred million boxes are produced, sold and discarded every year. In the Philippines, studies show that about a third of this waste plastic reaches the ocean. The Coconut Cooler is the first cold storage product of its kind made from discarded coconut husks that can compete with expanded polystyrene coolers on both low price and high performance. Small scale seafood and produce traders will benefit from our biodegradable long lasting coconut-based coolers. The project will also create new green jobs and reduce CO2 emissions from burning billions of coconut husks yearly.

  • Reduce ocean plastics pollution by 50 tons per year
    Each Fortuna Coconut Cooler replaces a dozen disposable expanded polystyrene iceboxes, ⅓ of which by weight would have ended up in the ocean, based on Filipino solid waste data.
  • Reduce costs for 3,000 food distribution companies by 10 percent
    It looks into decreasing annualized supply chain costs for 3,000 food distribution businesses by 10%, saving customers money by lasting longer, reducing spoilage rates, and packing flat on empty reverse shipments.
  • Increase coconut farmers’ incomes by 5 percent and create 100 new manufacturing jobs
    Benefit sought included increasing income of 2,000 coconut farmers by 5% and support 100 manufacturing jobs. Fortuna’s upcycled supply chain scheme transforms what can otherwise be ocean garbage into income for farmers and provides excellent jobs in rural provinces.
  • Avoid 200 tons of CO2 release
    Each Coconut Cooler represents 50 coconut husks that are upcycled instead of burned. Nine billion coconut husks are burned as waste each year in the Philippines, releasing millions of tons of CO2 into the atmosphere.
Details
Fortuna Coconut Coolers
  • Start Date
  • End Date
  • Innovator Fortuna Cools, Inc.
  • OIC Grant
    USD 250,000
  • Beneficiary Philippines, USA
  • Category
    Private Sector
  • Focal Point
    Tamara Mekler
  • Fortuna Coconut Coolers
    Fortuna Coconut Coolers
  • Fortuna Coconut Coolers
    Fortuna Coconut Coolers
  • Fortuna Coconut Coolers
    Fortuna Coconut Coolers