Wisynco has submitted a proposal for a national Deposit Refund Scheme.
A deposit-refund scheme combines a tax on product consumption with a rebate when the product or its packaging is returned for recycling.
In its interim financial report, which was publish on the JSE website yesterday, Wisynco said the proposal was presented to the Partnership for Prosperity.
The company said the outline was endorsed in principle by the Partnership.
It said the final proposal incorporating further feedback is expected to be presented within the near future.
Meanwhile, Wisynco is reporting revenues of J$5. 82 billion for the third quarter ended March 31.
This represents an increase of 13.5 percent over the $5.13 billion achieved in the corresponding quarter last year.
Gross profit was up 16 .2 percent at $2.09 billion over the $1.8 billion achieved in the same quarter of 2017.
And Stationery and Office Supplies says it achieved record sales duing the January to March quarter.
It earned $279 million during the three months.
Sales peaked at $102 million in March when it completed a $22 million Government contract.
Stationery and Office Sales recorded $44 million profit during the quarter up from $24.5 million last year.