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According to Rabobank plastic packaging senior analyst for north america Jim Owen, some of the investments and trials that packaging producers need to start working on now in order to prepare for the (near) future include:	Bruce 2024-10-28	016	Bruce 2024-10-28 09:32
Packaging producers need to start investing and trialling now	Bruce 2024-10-28	017	Bruce 2024-10-28 09:32
But 2025 is less than two years away, and in order to meet those goals, the report states that serious investment is needed now.	Bruce 2024-10-28	015	Bruce 2024-10-28 09:32
Some companies have also set their own goals.	Bruce 2024-10-28	014	Bruce 2024-10-28 09:31
The bottom line: ��By 2025, 100% of packaging should be recyclable, compostable, or reusable.�� This includes Carbios, Sidel and PepsiCo.	Bruce 2024-10-28	014	Bruce 2024-10-28 09:31
More than 500 of the most influential organisations globally have committed to roughly the same goals adopted from the Ellen MacArthur Foundation��s vision for a circular economy.	Bruce 2024-10-28	013	Bruce 2024-10-28 09:31
This lack of investment brings into question whether sustainable plastic alternatives are worth the higher costs, loss of efficiency and reduced shelf life if they have little chance of being recycled.	Bruce 2024-10-28	017	Bruce 2024-10-28 09:31
Rabobank Europe plastic packaging analyst Regina Mestre explains: ��In the US, an average of 13.3% of plastic packaging waste was recycled in 2021 while in the EU, an average of 38% of plastic packaging waste was recycled in 2020.��	Bruce 2024-10-28	016	Bruce 2024-10-28 09:31
According to research by financial services company Rabobank��s Food and Agribusiness division, a large amount of waste never reaches recycling plants, ending up in landfills or incineration plants for energy recovery, despite these efforts.	Bruce 2024-10-28	019	Bruce 2024-10-28 09:30
Companies in the plastic packaging sector across Europe and the US are making environmental protection pledges and governments are presenting regulations on managing plastic waste and recycling.	Bruce 2024-10-28	016	Bruce 2024-10-28 09:30
A report by financial services company Rabobank finds that companies are committing to environmental pledges but failing on recycling.	Bruce 2024-10-28	017	Bruce 2024-10-28 09:30
Plastic packaging sector is focused on sustainability but challenged by recycling	Bruce 2024-10-28	018	Bruce 2024-10-28 09:30
Last month, Mars announced its plans to transition its chocolate bar packaging from plastic wrappers to recyclable paper across the UK.	Bruce 2024-10-28	014	Bruce 2024-10-28 09:29
��We are innovating with a focus on product and purpose and expanding our global manufacturing capabilities to ensure we can meet rapidly rising consumer demand.��	Bruce 2024-10-28	015	Bruce 2024-10-28 09:29
Anton Vincent, Mars Wrigley North America president and Mars Ice Cream global head, said: ��At Mars, we see an opportunity to grow our ice cream business not only in North America, but around the globe.	Bruce 2024-10-28	015	Bruce 2024-10-28 09:29
Its Illinois, US-based facility, which is also used to make the DOVEBAR, uses 100% renewable electricity and sends zero waste to landfills, for example.	Bruce 2024-10-28	023	Bruce 2024-10-28 09:29
Mars has also adopted sustainable solutions in its industrial operations.	Bruce 2024-10-28	018	Bruce 2024-10-28 09:29
��Mars Wrigley North America will deliver both growth and positive societal impact with our vanilla [flavour] for DOVEBAR and empower women throughout our supply chain.��	Bruce 2024-10-28	018	Bruce 2024-10-28 09:29
Mars Ice Cream general manager Shaf Lalani said: ��The widespread popularity of iconic Mars brands gives consumers the opportunity to enjoy their favourite candies as innovative Mars Ice Cream products.	Bruce 2024-10-28	018	Bruce 2024-10-28 09:28
This has resulted in eliminating approximately 27 tonnes of plastic every year across four of its products.	Bruce 2024-10-28	025	Bruce 2024-10-28 09:28

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