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Nestlé Waters join Consortium to boost recyclability of PET plastic image

Nestlé Waters join Consortium to boost recyclability of PET plastic

POSTED: 7th May

Nestlé Waters is joining Carbios, L’Oreal, PepsiCo and Suntory Beverage & Food Europe (SBFE) to bring enhanced recycling technology designed and developed by CARBIOS to market on an industrial scale. The consortium funded by Carbios and L’Oréal aims to help make a circular plastic economy an industrial reality.

CARBIOS has developed an innovative process that breaks down PET plastic waste into its original components, which can be used to produce high quality PET plastic, equivalent to virgin PET. This proprietary technology can pave the way for 100% recycled PET content in new products and offers the potential to recycle PET plastics repeatedly. In fact, Carbios recently achieved a world first using its enzymatic technology to create PET bottles from 100% recycled plastics. This biological approach can handle all forms of PET plastics (clear, colored, opaque and multilayer) and polyester fibers. The process requires limited heat and no pressure or solvents, which improves its environmental impact, and also provides a competitive solution to increase global plastic recycling rates. By creating a circular economy from used plastics and fibers, Carbios’ enhanced recycling technology brings forward a sustainable and responsible solution.

Massimo Casella, Head of R&D Nestlé Waters, adds, “We are pleased to be joining the Consortium in supporting the development of this new technology. It can help us to achieve Nestlé’s goal of increasing the amount of recycled plastic content in our bottles without compromising on quality and contribute to creating an environmentally sustainable world for the next generation.”

Carbiosis a green chemistry company whose innovations provide solutions to the environmental and sustainable development issues manufacturers currently face. Since its founding in 2011, the company has developed two industrial-scale biological processes for the biological breakdown and recycling of polymers. These unique innovations help optimise the performance and life cycle of plastics and textiles by capitalizing on the properties of specially selected enzymes. Carbios’ economic growth model is based on the industrial roll-out and sale of its products, enzymes, technologies and biological processes through direct licence agreements or joint ventures, to major players in the fields to whom they would most benefit.

To that end, Carbios founded the joint venture Carbiolice in 2016, in partnership with Limagrain Céréales Ingrédients and the SPI fund, run by Bpifrance. This company, in which Carbios holds a controlling share, will market the first technology licensed by Carbios by producing enzyme pellets used in the production of biodegradable and bio-sourced plastics. Since its founding, 3 Carbios has been backed by Truffle Capital, a European investment capital player. Carbios qualifies as an “Innovative Company” according to Bpifrance, which makes the company’s shares eligible for inclusion in innovation-focused mutual funds (FCPIs).

Read the full article here https://brandspurng.com/2019/04/29/nestle-waters-joins-consortium-to-boost-recyclability-of-pet-plastic/

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