Sector ramps up pressure over business waste letsrecycle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from letsrecycle.com Daily Mail and Mail on Sunday newspapers.
Mars UK, Mondelēz International, Nestlé, PepsiCo and Unilever are all supporting a new £1m initiative to improve the recyclability of "flexible" plastic bags, wrappers, films, pouches, packets and sachets.
Nestlé, Unilever among FMCGs backing flexible packaging fund in UK Food majors Unilever, Nestlé, PepsiCo, Mondelēz, and Mars are among the companies supporting a soft plastic recycling fund to help combat plastic pollution.
The new fund, described as an ‘industry first’ for the UK, is being spearheaded by recycling company Ecosurety with support from environmental charity Hubbub.
In the short-term, the Flexible Plastic Fund’s ambition is to boost flexible plastic recycling in the UK and reduce plastic pollution by giving the material a ‘stable value’.
In the long-term, the Fund hopes to ‘drive progress’ towards creating a ‘circular, UK-based flexible plastic recycling market’ that allows flexible plastic recycling via household collections.