COVID continues to challenge markets. John Eade and Jim Kelleher, CFA discuss their 2022 forecasts on Tuesday, 12/14 at 2PM ET.
Words by Tina Casey
Northampton, MA –News Direct– TriplePundit
When recycled paper first became mainstream, it was mainly confined to cardboard, paper towels and other uses that tolerate a certain degree of coarseness. Those days are long gone. Now, waste paper can be processed to yield products that are just as clean and bright as their virgin counterparts. That opens up new opportunities for brands seeking a sustainable profile, even in the previously challenging area of direct-contact food and beverage packaging.
The next big step for recycled paper
Packaging and shipping materials, napkins, paper towels, stationary, craft papers, newsprint, books, magazines, various kinds of office papers, and even kitty litter are among the many different kinds of paper products now made partly or entirely with recycled fibers.
Foods and beverages are becoming another important growth avenue for recycling stakeholders, as consumers become more accustomed to the idea that recycled paper can be safely used in that area. However, until recently the U.S. Food and Drug Administration (FDA) only allowed recycled paper in food and beverage packaging with a polyethylene coating or other barrier. The concern was that trace amounts of ink and other chemicals used in papermaking and recycling could contaminate foods and beverages.
In past years, that created a challenge for brands seeking to simplify their packaging, eliminate petroleum-based plastics, and source 100 percent recycled materials.
In 2018 the recycling industry finally reached a groundbreaking, first-of-its-kind milestone when the FDA approved Sustana Fiber’s proprietary EnviroLife recycled fiber for direct-contact food and beverage packaging. Among many uses Sustana lists takeout containers, including hot beverage and soup containers, as well as pizza boxes, bread bags, coffee bags, meat and cheese wrapping, and clamshell-type containers.
Emily Olson, director and sustainability ambassador at Sustana, calls EviroLife the company’s “hero product.”
“We’re seeing a shift away from the linear economy of take, make and waste, both from consumers and brands, and we want to engage in a circular economy,” Olson told TriplePundit. “EnviroLife 100 percent recycled fiber is compliant with FDA standards for use in direct contact with food. We can partner with global companies, for example, to put recycled content into coffee cups and sandwich wraps for fast food.”
Consumers are primed to accept the use of recycled paper in direct-contact food packaging, Olson observed. Recycled paper content is already commonplace in cereal boxes and other non-contact packaging. With the assurance of FDA approval, direct food contact is simply the next step.
A big step up for the circular economy
Thomas Fu, vice president of global innovation at the packaging company Sabert Corp., also emphasizes the significance of EnviroLife being FDA compliant.
Fu observes that the use of soy ink and other environmentally-friendly substances in food packaging has made a difference, and EnviroLife is a next-level improvement for brands seeking to disentangle themselves from the plastic supply chain. The availability of direct-contact recycled paper packaging also coincides with government policies aimed at reducing the flow of plastic waste, including the European Union’s Single-Use Plastic Directive.
“Especially in the last three years, the pace of innovation has picked up,” Fu told us. “We see significant innovation in sustainable packaging from raw materials, to design, to adoption by brands in the marketplace, through the supply chain.”
The now-familiar demands of environmentally conscious consumers have also played a strong role. “One thing we observe is that more and more brands are making public commitments to sustainable packaging in paper products,” Fu said. “That public commitment to big sustainability goals goes back to consumer expectations, especially with the younger generation. They are clearly driving it.”
Yes, we can science our way out of this
Movie-going audiences got a Hollywood style perspective on the zero waste, circular economy of the future through the 2015 film The Martian, in which Matt Damon’s fictional astronaut survives the harsh environment on Mars through a combination of solar power, organic farming and cutting-edge technology.
Sustana brings a similar sustainability trifecta to the packaging industry by innovating solutions that are better for business, the environment and society at large. The company’s Sustana Fiber plant deploys a chlorine-free processing system that separates moisture barriers in cartons and other containers to be turned into new products like toilet paper, tissues and paper towels. It also captures recycling byproducts for reuse as animal bedding and other purposes.
The emphasis on continued innovation enables Sustana to provide brands with a proactive edge on growing consumer interest in the circular economy.
“We are very aware of the consumer and the end user. We recognize we have a very unique opportunity to partner with brands to meet sustainability goals,” Olson explained, taking note of research indicating that consumers have become more satisfied with sustainable products over the past three years.
“More and more products are being put on the market to help consumers make different choices, compared to even five years ago,” she told us.
The growing consumer preference for environmentally-friendly products has become a powerful driver of both public policy and private-sector activity. As the recycled paper field becomes more crowded, brands that take advantage of new recycling technologies can stake out a position ahead of the pack.
This article series is sponsored by Sustana and produced by the TriplePundit editorial team.
Image courtesy of Sustana
View additional multimedia and more ESG storytelling from TriplePundit on 3blmedia.com
View source version on newsdirect.com: https://newsdirect.com/news/raising-the-recycled-paper-bar-for-better-branding-687144652
Energy Vault to go public via merger with Novus Capital Corporation II [NYSE: NXU] Energy Vault provides large-scale energy storage with innovative gravity tech System transfers solar or wind power into potential energy that becomes kinetic energy Gravity-based power storage is even greener than lithium batteries Energy Vault preserves nearly as much power as battery […](Bloomberg) — Investors face an historic opportunity to put their money into renewable energy assets given the global consensus that now exists around the urgent need for decarbonization, according to Brookfield Asset Management Inc.Most Read from BloombergAnatomy of a Bad RoadThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsThe 15 Best Beers We Drank This YearFormer Oil Trader Is Now Betting on Lumber for Skyscrap
Great Bear Resources Ltd. (the "Company" or "Great Bear", (TSXV: GBR) (OTCQX: GTBAF) today announced that it has entered into a binding agreement (the "Arrangement Agreement") with Kinross Gold Corporation ("Kinross", TSX: K; NYSE: KGC) under which Kinross has agreed to acquire all of the outstanding common shares of Great Bear (the "Transaction").
(Bloomberg) — Buoyed by high oil prices, the bosses of the biggest explorers this week laid out a vision for the energy transition that hinges on more fossil-fuel investment rather than less.Most Read from BloombergAnatomy of a Bad RoadThe World’s Relentless Demand for Chips Turns Deadly in MalaysiaSand and Soldiers Mix as Troops Move In to Protect Cancun TouristsThe 15 Best Beers We Drank This YearFormer Oil Trader Is Now Betting on Lumber for SkyscrapersThe World Petroleum Congress in Houston
Ford's Bronco Sport SUV includes 100% recycled ocean-harvested plastic, or "ghost gear," for a particular part, the first of its kind.
Plug Power, a maker of hydrogen fuel cells, expands European reach with Spanish partnership. Is PLUG stock a buy right now?
Bitcoin mining is approaching a near complete recovery since China’s crackdown on the crypto industry earlier this year.
Hydrogen fuel-cell stocks kicked off Tuesday on a strong note, with shares of Plug Power (NASDAQ: PLUG), Bloom Energy (NYSE: BE), and Nikola (NASDAQ: NKLA) jumping 7.7%, 7%, and 5.7%, respectively, as of 2:25 p.m. ET. Multiple developments that confirm rising global interest in green hydrogen and fuel-cell technology reignited investor interest in leading hydrogen stocks today. Meanwhile, the United Arab Emirates (UAE) is collaborating with French utility Engie to invest $5 billion to develop renewable energy and hydrogen projects with two gigawatts of capacity by 2030.
The Biden administration on Tuesday lowered annual production requirements for ethanol and other biofuels to account for reduced demand as a result of the coronavirus pandemic.
Today is the 100th anniversary of an invention that improved the efficiency of the internal combustion engine at the cost of millions of lives world-wide.
Gevo Inc. reached an eight-year supply agreement with Kolmar Americas Inc. that covers delivery of 45 million gallons per year of liquid fuel that Gevo plans to make from corn. Kolmar is a domestic subsidiary owned by Kolmar Group AG, a Zug, Switzerland-based renewable fuels marketer. Gevo will supply its low-carbon sustainable aviation fuel and isooctane, a key ingredient in renewable premium gasoline, the company announced Tuesday.
Banana peels, chicken bones and leftover veggies won't have a place in California trashcans under a mandatory residential food waste recycling program set to go into effect across the state in January
Whether you call it sustainability, ESG or climate tech, there is no doubt that doing good while making money has taken the world by storm. Investors seem to sense the urgency: Climate tech investment grew at a faster rate than overall VC between 2013 and 2019, according to a PwC report. To clarify, the term “impact investing” is being used here loosely and synonymously with other terms, such as socially responsible investing (SRI) and environmental, social and governance (ESG).
C$1.1B in new capital projects sanctioned, recent achievements discussed during annual Enbridge Day investor community conference
Ecolution Power Company (Ecolution), a clean energy technology company, has signed an LOI to collaborate with Levo Mobility LLC (Levo) to help create the first smart city to achieve net-zero carbon emissions. Ecolution plans to deploy its patented Module Active Response System (MARS) proof-of-concept in Greenville, SC, followed by a roll-out of its technology in Minnesota for 2022.
The Kern River has long been a dry riverbed in downtown Bakersfield. A group of residents is pushing to bring back a flowing river.
SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) ("SSR Mining" or the "Company") is pleased to announce results from 288 drillholes (275 reverse circulation and 13 core drillholes) completed at the Marigold mine in Nevada, USA. The Company's strategy to advance brownfields targets proximal to existing infrastructure has yielded exceptional results in Nevada, as evidenced by the extensive track record of mineral inventory growth throughout Marigold's 32 years of consecutive production. The M
The ruptured offshore pipeline that spilled tens of thousands of gallons of crude oil off the Southern California coast this fall did not have a fully functioning leak detection system at the time, according to a report obtained by The Associated Press. The report was compiled by pipeline operator, Beta Offshore, a subsidiary of Houston-based Amplify Energy, and filed with federal regulators. It reveals Amplify is investigating whether personnel or control room issues contributed to the accident but does not explain what was wrong with the detection system.
The plant was introduced to the U.S. in the 1960s as a sterile hybird, but has begun to cross pollinate.
Countries are running out of sand and they need it badly. Because of this, organized crime groups are illegally trading sand and making huge profits.