Clearwater Paper Corporation (NYSE: CLW) today announced a collaboration with Charter Next Generation (CNG) for an early-to-market initiative to include advanced recycled polyethylene in Clearwater Paper’s private label tissue packaging offerings. Advanced recycling includes difficult-to-recycle waste plastics converted into new plastics that perform like virgin materials. The purchase of this material in the place of traditional resins helps to give new life to some plastics otherwise headed to landfills.
“CNG is providing a competitive edge and is leading the way in transforming waste plastics into useful products. This advancement is critical to our success in meeting and exceeding sustainability goals for Clearwater Paper,” said Mike Urlick, senior vice president and general manager, consumer products at Clearwater Paper.
Consumers care about the environment and want to know about the environmental attributes of the products they choose to purchase, including the packaging. To ensure the proper chain of custody and tracking of material through the mass balance approach, International Sustainability and Carbon Certification (ISCC) Plus certifications have been earned by both Clearwater Paper and CNG.
“Clearwater Paper supports the principles of circular economy and has a strong legacy of prioritizing the sustainability of the products we make. Clearwater Paper is committed to responsible sourcing and to partnering with innovative suppliers like CNG who are aligned with our core values,” said Traci Greco, purchasing manager of Clearwater Paper.
more at: https://ir.clearwaterpaper.com/investors/press-releases/news-details/2023/Clearwater-Paper-Collaborates-With-Charter-Next-Generation-CNG-to-Launch-Circular-Polyethylene-in-Consumer-Tissue-Packaging/default.aspx