This launch coincides with a growing demand for sustainable snack packaging, as the global market is due to grow at a rate higher than 5% in the next five years.
At full capacity, the facility will recycle nearly 90 million pounds of plastic waste per year, enough to encircle the globe in pallet wrap more than 135 times. It is expected to employ nearly 200 people.
The initiative brings together the voices of ocean and water advocacy groups with brands and organizations in the supply chain equipped to bring solutions to the table to remediate the problems that exist today.
Henkel and Plastic Bank aim to expand its engagement in the coming years and to reach a yearly collection capacity of 5,000 tons of plastic waste in 2023.
A Chinese research team based in Qingdao, Shandong province, is developing a new technology for food packaging that is expected to be ecologically friendly and pose no threat to people's health.
Launched last year, ReSource aims to help accelerate large-scale plastic commitments by organizations. By 2030, Resource has a target to prevent at least 50 million metric tons of plastic waste from entering nature.
Pregis works closely with suppliers to source quality recycled resins and operates their facilities with a zero waste goal. Recapturing recycled materials is one of the gaps within the plastics life cycle that Alliance members are working to solve.
Senate Bill 54 and Assembly Bill 1080 sought to eliminate 75% of single-use containers by 2030 to reduce unmarketable plastics statewide and lay the groundwork for a revamped California recycling industry.
Nearly all of the world's countries have agreed on a deal to better manage polluting plastic waste, except the U.S., United Nations environmental officials recently stated.
