Hi-Cone Worldwide, a global supplier of plastic-based multi-packaging systems, has joined the U.S. Plastics Pact, a collaborative initiative to forge a path to a circular economy for plastics in the United States by 2025.
“Hi-Cone joining the U.S. Plastics Pact is further evidence of our commitment to creating a circular plastics economy and ensuring this material doesn’t become waste,” said Shawn Welch, Vice President and General Manager of Hi-Cone Worldwide. “The pact is creating substantive change regarding how our country deals with plastic, and Hi-Cone is eager to advance this fundamental shift in the packaging industry.”
Hi-Cone has agreed to collectively deliver against four ambitious goals:
- Designate problematic or unnecessary packaging by 2021 and take measures to eliminate it by 2025.
- Ensure that all plastic packaging is 100% reusable, recyclable, or compostable by 2025.
- Undertake ambitious actions to effectively recycle or compost 50% of plastic packaging by 2025.
- Achieve 30% average recycled content or responsibly sourced bio-based content in plastics by 2025.
Hi-Cone has already begun transforming its multipack packaging portfolio to RingCycles, a 50% post-consumer recycled product that eliminates more than 25 million pounds of virgin plastic per year. The company is also on target to provide packaging that is 100% recyclable, compostable, or biodegradable by 2025.
Hi-Cone launched its RingRecycleMe program in partnership with Avangard Innovative this past August.