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Tag Archives: brand owners

Nestlé wants to build markets by creating demand

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Nestlé pledged to buy up to 2 million metric tons of food-grade recycled plastics over the next five years. | Formatoriginal/Shutterstock

Nestlé says it will buy a huge quantity of food-grade recycled resin over the next five years. A company leader explained why the brand owner is committing to use recycled plastic despite its higher cost.

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Circulate Capital ready to invest millions in Asia

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Circulate Capital’s April Crow (center) at the 2019 Resource Recycling Conference and Trade Show, held in August in New Orleans. | Resource Recycling, Inc./Brian Adams Photography

An ocean plastics prevention fund has $106 million in hand and is gearing up to announce its first investments in Southeast Asian waste management infrastructure.

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Report: Coca-Cola’s global PCR number is 9%, PepsiCo is at 3%

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PET bottle laying across PET flakes.

The Ellen MacArthur Foundation released an update on organizations’ progress toward their global plastic packaging commitments. | Aykut Erdogdu/Shutterstock

The Coca-Cola Co. uses considerably more recycled plastic than many of its global packaging peers. But, like others, it still has a long way to go to hit its ambitious goals for post-consumer resin.  Continue Reading

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Beverage giants pledge $100M to support bottle recycling

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ABA President and CEO Katherine Lugar presented a major recycling funding initiative alongside leaders from beverage companies. | Photo credit: YouTube

Coca-Cola, Keurig Dr Pepper and PepsiCo have pledged to put their money behind boosting processing technology and increasing curbside collection access. They’ll also introduce a uniform recycling message on their bottles next year.

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Revolution buys bag manufacturer Pak-Sher

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Acquired firm Pak-Sher, which produces the SeaWave bag made with plastic at risk of entering the sea, will be incorporated into Revolution’s Command Packaging brand. | Courtesy of Revolution Plastics.

Plastics recycling company Revolution has acquired a producer of bags, foodservice film and other products. Revolution anticipates incorporating more recycled resin into the manufacturer’s offerings.

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