Loop Industries has developed a technology that enables a continuous loop for recycling at large scale.
French food group Danone has expanded a PET supply agreement with US technology provider Loop Industries to boost the amount of recycled PET it uses across its brands. Earlier this year, Danone entered into a partnership with Loop Industries to enable its drinks brand Evian to meet a 100% recycled plastic target by 2025.
Under the new agreement, Danone will purchase 100% upcycled Loop-branded PET from Loops US joint venture facility with Indorama Ventures for use in brands across its portfolio including Evian.
On behalf of our team, Id like to thank Danone (@Danone) for their continued support and commitment to Loop, sustainability and the circular economy, said Daniel Solomita (@dannysolomita), Founder and CEO of Loop Industries. We are pleased to see our relationship extend to now include the supply of Loop-branded PET resin to other of Danones exciting brands.
In January, Danone issued a statement when it first teamed up with Loop Industries. It said: Loop Industries has developed a technology that enables a continuous loop for recycling at large scale, transforming all types of PET plastic waste into the high-quality plastic required by Evian.
Danone is the world’s largest yoghurt producer, but it is unclear if Loops PET will be used in its yoghurt brands.
Last year, Danone pledged that it would accelerate its transition towards a circular economy of packaging, through the publication of an updated packaging policy based on designing packaging for circularity. This included the target to make all of its packaging fully recyclable, reusable, or compostable by 2025. The food brand also pledged that Danone should have initiated or supported collection and recycling initiatives in every one of its top 20 markets.
Danone said that the amount of recycled PET in its waters and other beverage bottles should be increased to 50% by 2025. It also declared that it would develop the use of renewable and bio-based materials.
The food giantjoins a growing number of brands who are accelerating the global transition from a linear economy to a circular economy. The news also comes as the topic of plastic pollution and plastic recycling garners more and more press attention.
In December 2018, Coca-Cola Partners made a strategic investment with Loop Industries to purchase a supply of 100% recycled PET plastic from the technology provider in order to speed up the increased use of recycled materials in the creation of its bottles.
UK mulls packaging tax
Separately, on Monday, the UK government launched a new consultation to overhaul the UKs waste system. Under its new proposals, producers of plastic packaging who do not make enough recyclable material would face a new tax.
It has proposed a tax on the production and import of plastic packaging with less than 30% recycled content.
Environment Secretary Michael Gove (@michaelgove) said the proposals would make the UK a leader in turning its back on a throwaway society.
He said: Through our plans we will introduce a world-leading tax to boost recycled content in plastic packaging, make producers foot the bill for handling their packaging waste, and end the confusion over household recycling.
Commenting on the consultation, Julian Kirby (@julian_kirby), Friends of the Earth plastic campaigner, said: A plastic tax should give firms a real incentive to use more recycled plastic in their products, leading to less waste and less pollution. But to be truly effective the tax must be regularly revised to periodically increase the proportion of recycled material that manufacturers use.