Paper straws at McDonald's in the UK can't be recycled [CNBC]
McDonald's Corporation (MCD)
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Source: CNBC
Paper straws at McDonald's in the UK can't be recycled Paper straws at McDonald's In 2018, the fast food giant announced it would commence a phased roll-out of paper straws in the region, aimed at cutting down on the use of plastics. It has, however, encountered difficulties with recycling the new, paper-based straws, according to a report in U.K. newspaper The Sun. The old plastic straws were recyclable, although issues with infrastructure meant that this too was not possible. This view was echoed by the marketing director of the straw manufacturer, Transcend Packaging, who told BBC Radio Wales A ban on plastic drinks stirrers, straws, and plastic-stemmed cotton swabs will come into force in England in April 2020. The ban, announced in May 2019, follows on from a consultation which found that more than 80% of respondents supported a ban on the distribution and sale of plastic straws, with 90% backing a ban on drinks stirrers and 89% in favor of a ban on cotton swabs. Outlining detail
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MCD
Earnings
- 7/26/22 - Beat
MCD
Sec Filings
- 9/9/22 - Form 8-K
- 9/8/22 - Form 3
- 9/8/22 - Form 3
- MCD's page on the SEC website