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The companies hope to accelerate circularity of one of the most recyclable polymers by contributing to the optimization of advanced recycling technologies for commercial use.
Located in Europe, the site will be the largest PET recycling facility in the world, with the potential to produce the equivalent of approximately 4.2 billion food-grade beverage bottles from 100% recycled and infinitely recyclable PET annually.
This initial investment from Nestlé’s sustainable packaging venture fund will help upgrade US recycling infrastructure and secure access to food-grade recycled plastics.
The two companies jointly developed the first commercially sold straws made of polyhydroxyalkanoate, a material verified as a reliable biodegradable alternative to traditional plastic.
After languishing for nearly two years in the California Assembly and Senate, the California Circular Economy and Plastic Pollution Act once again failed to come to a vote before the legislative session ended at midnight on Aug. 31.
While the U.S. Plastics Pact follows the ambitious precedents set by the existing global Plastics Pact network, it is tailored to meet the unique needs and challenges of the U.S. market.
The PBTL polymer can be chemically recycled an indefinite number of times while maintaining its original properties, say researchers. The only catch is that it cannot be recycled with other materials.