By: Thierry Fabozzi – President and CEO of PTI
The World Economic Annual Forum, also known as “Davos” because of the location in Switzerland in which it takes place, has challenged leaders from all walks of life to improve the state of the world. One of these areas is the environment where packaging plays a significant role.
At the most recent meeting in January, the Ellen MacArthur Foundation, with the support of Wendy Schmidt, lead philanthropic partner of the foundation’s New Plastics Economy initiative, awarded a total of $1 million to five new recyclable and compostable packaging solutions to stop plastics from becoming waste.
The meeting also noted that the list of leading brands, retailers, and packaging companies working towards using 100% reusable, recyclable or compostable packaging by 2025 or earlier has grown to 11 – Amcor, Ecover, evian, L’Oréal, Mars, M&S, PepsiCo, The Coca-Cola Company, Unilever, Walmart and Werner & Mertz.
But what about the thousands of other brand owners, suppliers, resin producers and others that are part of the plastic processing and package converting chain? Specifically those companies that are responsible for designing packaging made from plastic components?
Read the full article on Plastics Today.