PEPSICO
Elimination of virgin plastics in European snack packaging by 2030 / USD 35 mn investment in US recycling infrastructure
Consumer trials of snack packaging made of 100% recycled or renewable plastics will begin in European markets in 2022 (Photo: PepsiCo)
PepsiCo Europe (Geneva, Switzerland; www.pepsico.com) announced that by 2030, it plans to eliminate the use of virgin fossil-based plastics in all of its crisp and chip packaging bags, and instead use 100% recycled or renewable plastics in its packets. The announcement follows the introduction of the company’s PepsiCo Positive sustainability initiative. The recycled content in the packaging will be derived from previously used plastics, says the company, while the renewable content is expected to come from byproducts of plants such as used cooking oil or waste from paper pulp.

Related: Coca-Cola, PepsiCo remain top plastics polluters

Consumer trials of the snack packaging will begin in European markets in 2022, starting in France in the first half of the year with PepsiCo’s Lay’s product range. Recycled content packaging trials will commence in the UK later in this year with the company’s Walkers product brand. PepsiCo estimates up to 40% reduction in greenhouse gas emissions per tonne of packaging material from switching to renewable and recycled content. Packaging specialist Amcor (Hawthorn, Australia; www.amcor.com) is PepsiCo’s flexible packaging partner in Europe.
Investment to produce small-scale MRFs for the US
Meanwhile, PepsiCo Beverages North America (Purchase, New York) announced it will invest USD 35 mn (EUR 31.4 mn) with investment company Closed Loop Partners (New York, New York; www.closedlooppartners.com) to increase recycling in areas in the US with limited or no access to recycling. Closed Loop Partners created the Closed Loop Local Recycling Fund with the investment, through which new, small-scale modular materials recovery facilities (MRF) will be deployed in communities that lack access to larger municipal MRFs. Each modular system has the capacity to process at least 8,000 t/y of recyclables such as paper, plastics, glass and metals, including keeping 400 t of rPET in circulation every year.
01.02.2022 Plasteurope.com [249508-0]
Published on 01.02.2022

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 27.04.2024 07:13:33   (Ref: 585185898)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp