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What is PNP / PRS?

PNP (Plastic Neutral Package) and PRS (Plastic Removal Service) refer to the same product — an order to Corsair to remove plastic waste from the environment.

Definition

A Plastic Removal Service is an order to Corsair to remove a specified amount of plastic waste from the environment and convert it into advanced bio-oil. A digital receipt (CSR) is issued as proof of removal.

How It Works

  1. Customer purchases PRS at a chosen price point
  2. Corsair removes the equivalent plastic waste
  3. CSR Plastic Credits are issued as digital receipt
  4. Credits are delivered to CSR Central according to delivery schedule

Pricing

PRS purchases range from €10 to €100,000. Higher purchase amounts mean more plastic removed and more CSR delivered.

CSR Delivery from PRS

For each kilogram of plastic removed, 10 CSR are issued as digital receipt.

Example: A PRS that removes 100kg of plastic = 1,000 CSR delivered

Delivery Schedule

CSR from a PRS purchase is delivered in tranches according to the schedule provided at time of purchase. Delivery schedules vary — size, frequency, and duration depend on details at time of purchase. Duration is typically one to two years, but may be longer.

Key Points

  • Once purchased, the delivery schedule begins automatically
  • First delivery is typically the week following purchase