Major brands have joined forces to help boost the recyclability of PET plastic products, with an aim to help make a circular plastic economy a reality.
The brands include bio-industrial firm Carbios, cosmetics brand L’Oréal, Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe.
The Recycling Event is taking place on 2 July at the Ricoh Arena and is in partnership with nine trade associations. Find out more now: https://www.therecyclingevent.com/
Carbios has developed sustainable technology using highly specific enzymes that can recycle much broader PET plastics and polyester fibres feedstock than other recycling technologies.
This process creates recycled PET, equivalent to virgin PET, that can be used for applications such as bottles and other forms of packaging. It can also handle all forms of PET plastics and polyester fibres.
L’Oréal and Carbios previously founded the consortium to bring improved recycling technology designed by Carbios to market on an industrial scale, with the other firms joining to help support the circular plastics economy using the enzyme-based technology.
Under the terms of the four-year agreement, the consortium members’ ambition is to bring Carbios’s PET technology to the market and increase the availability of high-quality recycled plastics to fulfil sustainability commitments.
This partnership includes technical milestones and support for the supply of consumer grade, 100% recycled PET plastics for global markets.
Cabrios chief executive Jean-Claude Lumaret said: “We are thrilled to welcome Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe into the Consortium we have created with L’Oréal. Their contribution will accelerate our common ambition and help to industrialise our recycling technology, which brings a breakthrough solution in the treatment of plastic waste.”
L’Oréal packaging and development vice president Philippe Thuvien said: “We are convinced that Carbios’ technology is a new step forward, in addition to the mechanical and chemical recycling that contribute to reaching our 2025 goals: 50% of our products’ plastic components is recycled or bio-sourced. We know that by working together with our partners, we will succeed in creating a more sustainable world based on circular economy principles.”
Suntory Beverage and Food Europe chief R&D officer Roberto Vanin said: “Addressing the global issue of plastic waste requires large scale collaboration, innovative thinking and investment in new and ground-breaking technologies. We are delighted to partner with Carbios to drive real action to tackle plastic waste. Their innovative approach to enzymatic recycling reflects our desire at Suntory Beverage and Food Europe to actively seek out forward-thinking solutions to solve the challenges of today and ensure a sustainable future.”