Nestlé Waters North America To Use 25% Recycled Plastic By 2021
Nestlé Waters North America has announced that it will incorporate 25% recycled plastic in beverage bottles across its US domestic portfolio by 2021.
The company aims to quadruple its use of food-grade recycled plastic (rPET) in beverage packaging in less than three years.
To achieve this target, Nestlé has extended its partnership with Canadian rPET manufacturer Plastrec, and it is working with other suppliers.
“We want to take the ‘single’ out of ‘single-use’ bottles. Our bottles were never meant to be thrown in the garbage – we carefully design them to be collected, recycled and repurposed,” said Fernando Mercé, the president and chief executive officer of Nestlé Waters North America.
The company plans to use more recycled materials in beverage packaging in the coming years, with a target of 50% recycled plastic by 2025.
Mercé added, “PET plastic is a valuable resource that, if recycled properly, can be used to create new bottles again and again. We’re proving that it can be done by making bottles out of other bottles – not ten years from now, but today.”
According to the Ellen MacArthur Foundation’s 2016 report, The New Plastics Economy: Rethinking the future of plastics, most plastic packaging is used only once.
Also, 95% of the value of plastic packaging material, worth $80-$120 billion annually, is lost to the economy.
© 2018 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.