April 29, 2019 / 5:02 AM / 20 days ago

BRIEF-Nestle, PepsiCo and Suntory Beverage join Carbios/L'Oreal plastics recycling consortium

April 29 (Reuters) -

* Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe join consortium founded by Carbios and L’Oréal to support the world’s first enzymatic technology for the recycling of plastics

* Under the terms of the four-year agreement, the consortium partners’ ambition is to bring Carbios’ PET-enhanced recycling technology to the market and increase the availability of high-quality recycled plastics to fulfill their sustainability commitments.

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