Pactiv Evergreen and ExxonMobil Collaborate to Leverage Advanced Recycling for Foodservice Industry Packaging
LAKE FOREST, Ill., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) a leading manufacturer of fresh food and beverage packaging in North America, and ExxonMobil, a leader in advanced recycling technology, are teaming up to provide certified-circular packaging solutions to major food brands and foodservice providers.
- LAKE FOREST, Ill., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQ: PTVE) a leading manufacturer of fresh food and beverage packaging in North America, and ExxonMobil, a leader in advanced recycling technology, are teaming up to provide certified-circular packaging solutions to major food brands and foodservice providers.
- Pactiv Evergreen will soon offer its customers certified-circular polypropylene (PP) packaging products leveraging ExxonMobil’s Exxtend™ technology for advanced recycling.
- “Pactiv Evergreen produces more than 14,000 products in 14 different materials that protect, package and display fresh food and beverages,” said Tim Levenda, President of Pactiv Evergreen’s Foodservice business unit.
- Through the collaboration, Pactiv Evergreen will convert ExxonMobil’s PP into packaging, which is International Sustainability and Carbon Certification (ISCC) Plus certified-circular.