A global platform for the Circular Bioeconomy
No Result
View All Result
Tuesday, January 31, 2023
World Bio Market Insights
  • Home
  • Insights
    • Feature Stories
    • 5 Minute interviews
    • Bio Market Insights Magazine
  • News
    • Technology
    • Business
    • Investment
    • Regulation
  • WBMI TV
    • World Bio Market Insights TV
    • Sponsorship Opportunities
  • Newsletter
    • Subscribe and Past Issues
    • Sponsorship Opportunities
  • Community Partners
  • WBM 2023
World Bio Market Insights is the new name of Bio Market Insights - same team, new look
World Bio Market Insights
  • Home
  • Insights
    • Feature Stories
    • 5 Minute interviews
    • Bio Market Insights Magazine
  • News
    • Technology
    • Business
    • Investment
    • Regulation
  • WBMI TV
    • World Bio Market Insights TV
    • Sponsorship Opportunities
  • Newsletter
    • Subscribe and Past Issues
    • Sponsorship Opportunities
  • Community Partners
  • WBM 2023
No Result
View All Result
World Bio Market Insights
No Result
View All Result

UBQ Materials and PepsiCo Collaborate to Replace Plastics in Display Stands

by Daniela Castim
6 months ago
in Business
Reading Time: 2 mins read

UBQ Materials, the climate tech developer, recently announced that it is expanding its collaboration with PepsiCo into the production of eco-friendly display stands for Lay’s chips sold across Europe.

The display stands commonly made with oil-based plastics will be replaced with new ones, which will be partially composed of UBQ. UBQ is  a bio-based thermoplastic that the company claims is made entirely from unsorted household waste. According to the company, every ton of UBQ produced saves up to 12 tons of greenhouse gases that would otherwise be released via landfills and incineration.

“Our goal is to transform our entire supply chain to tackle the sustainability challenges the world faces,” said David Schwartz, vice president at PepsiCo Labs. “UBQ Materials’ waste-based thermoplastic reduces landfill waste, prevents emissions, and takes us towards circularity, which is why we are working towards scaling use of UBQ globally.

“Achieving these goals is integral to the future of our business, our customers, our consumers and the planet.”

Albert Douer, UBQ Materials co-CEO and chairman added, “PepsiCo Labs plays a critical role in supporting Pep+, prioritizing innovations that minimize the company’s environmental impact. The climate crisis demands immediate action, and this collaboration is one example of how corporations can make significant change through simple substitutions.”

The announcement follows the companies’ previous efforts towards reducing the carbon footprint of shipping pallets, which they have done with the order of a further 30 thousand UBQ pallets for industrial use. Said pallets are reportedly made with recycled polypropylene (PP) resin and biaxially-oriented polypropylene (BOPP), both of which are said to be plastics featured in Lay’s packaging. UBQ claim that their use of these materials completes the circular economy cycle.

UBQ Materials is one of five organisations supporting PepsiCo reach their sustainability targets, which include cutting Scope 1 and 2 emissions by 75% by 2030 – a goal they are on track to meet, according to PepsiCo’s ESG Summary, released earlier this month.

Tags: News
Previous Post

Bion’s New Technology Will Make Beef Sustainable and Profitable for Cattle Feeders & Ranchers

Next Post

Gekko and Clean Earth Technologies Work for Cyanide-Free Gold Processing

Related Posts

Grill’d rolls out seaweed-fed beef in a sustainable first
Business

Grill’d rolls out seaweed-fed beef in a sustainable first

January 31, 2023
Honeywell receives SAF for aircraft auxiliary power units
Business

Honeywell receives SAF for aircraft auxiliary power units

January 31, 2023
Anita Dongre introduces biobased luxury bags
Business

Anita Dongre introduces biobased luxury bags

January 30, 2023
Renewable Lubricants launches eco-friendly wire rope lubricant
Business

Renewable Lubricants launches eco-friendly wire rope lubricant

January 30, 2023
Geotab joins the UN Global Compact
Business

Geotab joins the UN Global Compact

January 30, 2023
MPC Container Ships and INERATEC sign agreement for sustainable marine diesel
Business

MPC Container Ships and INERATEC sign agreement for sustainable marine diesel

January 27, 2023

Latest News

Encamp launches end-to-end waste reporting solution

Encamp launches end-to-end waste reporting solution

January 31, 2023
Grill’d rolls out seaweed-fed beef in a sustainable first

Grill’d rolls out seaweed-fed beef in a sustainable first

January 31, 2023
Honeywell receives SAF for aircraft auxiliary power units

Honeywell receives SAF for aircraft auxiliary power units

January 31, 2023
Anita Dongre introduces biobased luxury bags

Anita Dongre introduces biobased luxury bags

January 30, 2023
  • Home
  • Insights
  • News
  • WBMI TV
  • Newsletter
  • Community Partners
  • WBM 2023

Please note: Bio Market Insights is owned and operated by TNP Media Ltd, after being acquired from Quantuma in April 2021.

Follow us

© Bio Market Insights

No Result
View All Result
  • Home
  • Insights
    • Feature Stories
    • 5 Minute interviews
    • Bio Market Insights Magazine
  • News
    • Technology
    • Business
    • Investment
    • Regulation
  • WBMI TV
    • World Bio Market Insights TV
    • Sponsorship Opportunities
  • Newsletter
    • Subscribe and Past Issues
    • Sponsorship Opportunities
  • Community Partners
  • WBM 2023

© 2021 Bio Market Insights