Chulalongkorn University has recently introduced the innovative Refun Machine – a recyclable apparatus that functions like an ATM. This automatic recycling machine was developed by startup creator Anon Chaowakul, an alumnus of the Faculty of Engineering, Chulalongkorn University. The idea behind his creation is to bring innovation into recycling management to help save the environment.
The Refun machine is a reverse vending solution to help reduce global warming that we can all take part in. Users will get a cash coupon when depositing recyclable goods. The machine will then calculate the value of the recyclable goods and print out a cash coupon that can be used at selected stores. In the first phase, only plastic bottles are being excepted. The machine has recently been installed on campus, and cash coupons will soon be accepted at the Chulalongkorn University Savings Cooperative. Apart from Chulalongkorn University, the Refun machine has also been installed at various locations such as condominiums, service stations and department stores.