Berry Signs Largest Contract for Advanced Recycled Material as Brand Owner Sustainability Goals and Consumer Demand Grow

Berry Global Group, Inc. (NYSE: BERY) announced today an agreement with PureCycle that will provide Berry with PureCycle’s Ultra-Pure Recycled (UPR) advanced recycled resin. This agreement is the latest in a growing list of advanced recycling material sourcing announcements from Berry and is the Company’s second based in North America.

If given the option to buy products with recyclable or compostable packaging, 47% of Americans opt for recyclable products as their first choice, and 20% prefer compostable products. (Ipsos, Aug. 2021)
*77% of Americans are concerned about the environmental impact of products they buy, and 78% are more likely to purchase a product that is clearly labeled as environmentally friendly. (Greenprint, April 2021)
*64% of consumers say that buying sustainable products makes them feel happy about their purchases (this reaches 72% in the 25-35 age group). (Capgemini Research Institute, July 2020)

As demand for sustainable products grows, customers look to Berry for access to recycled material and packaging design expertise to maintain their brand image and package performance. As a result, Berry continues its leadership position in the converter market for access to recycled plastic material – over 600 million pounds per year by 2025. In addition to its material access, Berry understands the specific design requirements of brands’ products – combining material expertise with product specification needs creates a range of opportunities for advanced recycling technology to be used in the marketplace.

“Customers look to Berry for unique ways to meet their ambitious sustainability goals. Through our access to advanced recycled resin and technical expertise, Berry is a dependable partner for customers in the implementation of sustainable solutions,” said Tom Salmon, Berry’s Chairman and CEO. “By using our relationships with top suppliers and the latest technologies, we bring our customers premier access to in-demand circular resins.”

In support of a circular economy, Berry harnesses advanced recycling to provide an outlet for difficult-to-recycle materials to be given a second life in the form of food-grade packaging. While post-consumer resin often lacks the high-clarity customers desire, circular resins from advanced recycling boast exceptional clarity, answering customer demand.

PureCycle’s ground-breaking patented recycling process, separates color, odor, and contaminants from plastic waste feedstock to transform it into ultra-pure recycled polypropylene. The recycling service converts waste plastic into virgin-like plastic fully closing the loop on the reuse of recycled plastics while making recycled polypropylene more accessible at scale to companies desiring to use a sustainable, recycled resin.

The material will be supplied to Berry in summer 2023 for manufacturing at one of Berry’s ISCC PLUS certified facilities, providing customers with maximum traceability for the materials. Berry previously announced its first three facilities in North America to achieve ISCC PLUS certification.
https://ir.berryglobal.com/news-releases/news-release-details/berry-signs-largest-contract-advanced-recycled-material-brand

Related Posts

UPM Specialty Papers presents UPM Asendo Pro – a multifunctional, fibre-based packaging solution

UPM Specialty Papers is strengthening its already comprehensive selection of sustainable and recyclable packaging papers. Known for its high expertise in technically demanding papers, UPM Specialty Papers now introduces an advanced fibre-based barrier paper – UPM AsendoTM Pro. The latest example of cutting-edge packaging solutions is UPM Asendo Pro – a barrier paper made from renewable materials. UPM Asendo Pro is a two-side coated paper that provides multiple advantages as an easily recyclable monomaterial. UPM Asendo Pro’s print side provides an excellent basis for high-quality visuals. Also, in addition to advanced grease resistance and good moisture resistance, its mineral oil barrier properties keep products safe. UPM Asendo Pro is suitable for dry, greasy and frozen foods as well as wrappings where excellent print properties are vital. End-use purposes vary from non-food wrapping to food end-uses and can be easily further converted for additional barrier properties and sealability to open up even more demanding end-uses.

International Paper Reports Second Quarter 2021 Results

*Second quarter net earnings (loss) attributable to International Paper of $432 million ($1.09 per diluted share), compared with $349 million ($0.88 per diluted share) in the first quarter of 2021 and $266 million ($0.67 per diluted share) in the second quarter of 2020 *Second quarter cash provided by operations of $766 million and year-to-date of $1.3 billion compared with $1.5 billion year-to-date in the same period of 2020 *Ilim equity earnings of $101 million, bringing year-to-date to $150 million *Share repurchases of $57 million, bringing year-to-date to $186 million *Debt reduction of $796 million, bringing year-to-date to $904 million *Monetized remaining investment in Graphic Packaging for approximately $400 million

Cutting plastic – Mondi develops new sustainable packaging for Kao’s salon hair cosmetic brand Goldwell

Mondi has partnered with Japanese consumer goods manufacturer Kao to create a recyclable, lightweight packaging solution for its Goldwell hair lightening products. The new stand-up pouch reduces plastic usage without compromising on strength and durability and thus supports Kao and its salon business in their efforts to reduce their environmental footprint and to help salons run their businesses more sustainably. Goldwell is a salon-quality brand of Kao Salon Division, the fourth biggest professional hair care business in the world. Its broad offering of hair care, styling and colour products also includes a range of hair lightening products created for in salon use. These were previously packed in rigid plastic containers, however working with Mondi and along its EcoSolutions approach, Kao is reducing the overall amount of plastic in individual packs by 80%. Mondi’s innovative solution packs the powdered products in flexible, re-closable stand-up pouches that are made of mono-material, meaning they are recyclable. The pouch is provided to the user together with paper instructions inside a carton box, enabling the pouch to be stacked when stored, and results in a lower carbon footprint compared to the previous packaging alternative.
Back To Top
×Close search
Search