“Joining forces to develop and test paper bottles is an incredibly exciting step forward, and we're delighted to be working together to tackle one of the biggest environmental challenges of our time," he said.
PepsiCo chief sustainability officer Simon Lowden, echoed this sentiment, noting, “Innovative solutions and partnerships are critical to driving meaningful progress toward a circular economy. The Pulpex consortium is well positioned to deliver sustainable packaging at scale and across industries, having impact beyond what any organization could achieve alone. We're proud to be a part of it."
The partnership comes on the heels of the news that PepsiCo and Unilever have both extended their capital commitments with the Closed Loop Infrastructure Fund (CLIF), intended to develop a more circular economy.