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Stock impact report

War on waste: Evian to make all plastic bottles from recycled material by 2025 [CNBC]

Loop Industries, Inc. (LOOP) 
US:NASDAQ Investor Relations: loopindustries.com/en/investors/home
Company Research Source: CNBC
Evian is to produce all its plastic bottles from recycled plastic by 2025 The bottled water brand is to adopt a circular approach to its plastic use Anmar Frangoul Published 29 Mins Ago CNBC.com SHARES Stuart Franklin | Getty Images Evian, one of the world's most iconic bottled water brands, will produce all its plastic bottles from 100 percent recycled plastic by the year 2025. In an announcement Thursday the business, whose parent company is Danone, said it would look to adopt a circular approach to its use of plastic. Evian is to work with a range of stakeholders to help achieve its ambition. In terms of packaging, it said it would partner with Loop Industries, a business that has developed technology that converts all Polyethylene Terephthalate plastic waste into the high quality plastic needed by Evian. This, it said, would allow a continuous loop for recycling at large scale. Among Show less Read more
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