Nestle joins in addressing plastic waste

Nestle joins in addressing plastic waste

6:21 AM, 16th January 2019
nestle logo

VIENNA, AUSTRIA: Nestle has joined as a strategic partner to the Stop project. Borealis, Systemiq, Government of Norway, Nova Chemicals, Borouge and Veolia, are the partners of this project.  Stop project is a frontline initiative to prevent ocean plastic leakage in South-East Asia. Nestle is the first food company to join the initiative.

The project aims to eliminate the leakage of plastics into the environment, by developing partnerships with city governments to create effective circular systems. Current estimates show that just 45-50% of Indonesia’s urban solid waste is collected, with the rest burnt or dumped into the environment. 

In response, the Indonesian government announced an ambitious commitment to reduce Indonesia's ocean plastic levels by 70% by 2025, creating a Marine Debris Action Plan. Project Stop contributes to the fulfilment of this commitment.

“Stop is designed to change and prove that end-of-use plastic (packaging) can be collected and returned into valuable resources while providing livelihoods to many," said Martin R. Stuchtey, Founder and Managing Partner of Systemiq.

“We are very pleased to be the first food and beverage company to join Project Stop. This is part of our broader vision to achieve a waste-free future, aligned with our commitment to make 100% of our packaging recyclable or reusable by 2025,” said Magdi Batato, Global Head of Operations, Nestle.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

SK capital promotes principal as MD

NEW YORK, US: SK Capital has announced several promotions. Barry Penney has been promoted to MD after joining SK Capital as a Principal. Penney spent ...

Read more
Turkish town revitalized by AzoNobel's Let's colour project

KUSADASI, EUROPE: A major community project has been carried out by AkzoNobel's Marshall paint brand. More than 400 homes are being revitalized in the ...

Read more
Ashland to appoint two new board members

COVINGTON, US: Ashland Global Holdings said it will appoint two new independent board members - a lead independent director and appointment of ne ...

Read more
Nouryon signs detergent polymer agreement with Itaconix

NEW YORK, US: Nouryon signs deal with Itaconix for bio-based polymers for the detergents market. Nouryon will expand its offering to customers through ...

Read more
Henkel, RLE forms strategic alliance for e-mobility

MUMBAI, INDIA: Henkel and RLE International have agreed to form a strategic alliance to drive automotive innovation, expand value creation opportuniti ...

Read more
Saudi Aramco issues $10 billion in bonds for Sabic acquisition

ABU DHABI, SAUDI ARABIA: Aramco will seek to sell around $10 billion in bonds to help fund the purchase of petrochemicals firm Sabic. "It will be pro ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X