Industry Publishes Updated Voluntary Standard for Recycling Cardboard
AF&PA and FBA announced an update to their “Voluntary Standard For Repulping and Recycling Coated or Treated Corrugated Fiberboard and its Equivalents in the Old Corrugated Containers (OCC) Recycling Stream.”
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Berry Global to Expand its North American Capacity for Clear, Sustainable Foodservice Packaging
Berry Global Group, Inc. announced plans to expand its foodservice packaging manufacturing operations in North America as part of its long-term strategic growth commitments. This more than $110 million investment will expand its proprietary and industry-leading polypropylene thermoforming capabilities to manufacture clear drink cups and lids for quick-service restaurants, coffee shops, convenience stores, and other foodservice markets. The clear design fills an increasing demand for a cup that showcases a premium brand image and beverage appeal and improves restaurant operation efficiencies while offering a more sustainable packaging option. Foodservice brand owners are steadily increasing their forecasted volumes with Berry production for access to the Company’s 30-plus active patents across clear cups and lids. In addition, customized plastic cup and lid brand owner solutions are a rapidly increasing market trend, pulling volume from alternative substrates since 2017. As a result, Berry has demonstrated its market leadership, outpacing market trends growing its sales by a forecasted 60%*.
Greif Awarded Gold Rating in EcoVadis CSR Assessment for Third Consecutive Year
Greif, Inc. announced it has been awarded a Gold Rating in sustainability performance by EcoVadis for the third year in a row. EcoVadis is an independent rating agency specializing in the evaluation of Corporate Social Responsibility (CSR), including sustainable development and performance monitoring of suppliers. This achievement places Greif among the top three percent of suppliers evaluated by EcoVadis. “We are pleased that our ongoing sustainability efforts have once again been recognized by EcoVadis with our third consecutive Gold Rating," said Pete Watson, Greif's President and Chief Executive Officer. “Greif’s commitment to sustainability is outlined in The Greif Way, is embedded in our business strategy and is critical to our customers’ success. I would like to thank our global colleagues for their continued commitment to sustainability and for their hard work to improve our performance in this key area.”