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The initiative brings together the voices of ocean and water advocacy groups with brands and organizations in the supply chain equipped to bring solutions to the table to remediate the problems that exist today.
The ocean-bound plastic is converted using advanced recycling into an alternative feedstock, which is used to produce certified circular polymers for further processing to flexible packaging film.
The traditional conference and event season is back, and the trend of the year continues: extensive company partnerships in the printing and packaging industry.
While many brand owners and consumer packaged goods (CPG) companies are clamoring for more recycled plastic content, supply just isn’t there to meet demand in late 2021.
Henkel and Plastic Bank aim to expand its engagement in the coming years and to reach a yearly collection capacity of 5,000 tons of plastic waste in 2023.
The company is focusing on chemical recycling of plastic waste and developing high-tech packaging films from the recovered raw materials. These raw materials have the same properties as virgin polymers and are suitable for packaging products with high quality and hygiene requirements, including foodstuffs.