ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Berry Global Joins Polypropylene Recycling Coalition in Increasing Polypropylene Recycling Access to 15 Million U.S. Residents

Berry Global Group, Inc. (NYSE: BERY) today announced its joining of The Recycling Partnership’s Polypropylene Recycling Coalition, which is aimed at increasing recycling access for polypropylene.

This announcement extends Berry’s goal of enhancing recycling infrastructure as part of the quest toward a circular economy. As a cross-industry effort, Berry joins steering committee members Keurig Dr Pepper, Braskem, NextGen Consortium, and the Walmart Foundation, along with other members of the polypropylene value chain.

The coalition has:

  • Contributed $4.2 million in grants to 13 recycling facilities to positively impact nearly 15 million U.S. residents –– almost 6 percent of the U.S. population.
  • Given financial awards across the United States to increase polypropylene recovery by 13 million pounds annually.
  • Supported targeted consumer education efforts and infrastructure improvements.

“By expanding and modernizing recycling infrastructure, we will capture the economic value that is currently being lost and supply the recycled content necessary to meet commitments. This is critical to achieving a circular economy and giving natural resources multiple lives,” said Robert Flores, Vice President of Sustainability at Berry. Flores is also a newly elected member of The Recycling Partnership’s Board of Directors.

This initiative is in line with Berry’s efforts to improve polypropylene curbside recycling. Berry is strategically targeting both investments and partnerships to foster recycling infrastructure. An example of this is a recent collaboration with Evansville, Indiana, materials recovery facility (MRF) to purchase and install a new AMP Robotics Cortex™ high-speed robotics system to sort polypropylene. Recovered material will be used back in Berry’s products, but more importantly, learnings from the robot will be evaluated and shared to enhance and promote polypropylene recycling.

Polypropylene is a widely used plastic for food and non-food applications. Versatile in nature, the material offers brands an affordable and safe solution for packaging and food service applications. Not only does the material offer high levels of utility, Berry believes it to have the lowest carbon footprint when compared to other substrates. In addition, brand owners benefit from polypropylene’s durability and contact clarity for use in applications such as drink cups.

About Berry

At Berry Global Group, Inc. (NYSE: BERY), we create innovative packaging and engineered products that we believe make life better for people and the planet. We do this every day by leveraging our unmatched global capabilities, sustainability leadership, and deep innovation expertise to serve customers of all sizes around the world. Harnessing the strength in our diversity and industry-leading talent of 47,000 global employees across more than 285 locations we partner with customers to develop, design, and manufacture innovative products with an eye toward the circular economy. The challenges we solve and the innovations we pioneer benefit our customers at every stage of their journey. For more information, visit our website, or connect with us on LinkedIn or Twitter.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.