Guala Closures signs exclusive agreement with Oceanworks
Guala Closures Grouping, the global producer of non-refillable and aluminium drink closures, has partnered with Oceanworks, the largest global marketplace for sustainable materials, to develop a range of closures produced using ocean plastics.
Headquartered in California, Usa, Oceanworks is a digital market that streamlines the sourcing of verified recycled material collected from coastal ecosystems where information technology is at pregnant risk of ending up in the ocean. Oceanworks network collects millions of pounds of sea plastic annually. Oceanworks volition supply 100% recycled polymers to Guala Closures, which will be used to develop closures for its wine and spirits range. This partnership extends to the Group'due south worldwide market reach and its sole use of Oceanworks materials for all its closures for spirits and vino using these recycled polymers.
Guala Closures will initially utilise these polymers in the production of its T-bar models for spirits included in the recently launched Flower range, and more models volition be introduced soon. The caps produced with 100% recycled Oceanworks polymers are designed following the "pattern to change" model of the company'south recently published eco-design guidelines.
Commenting on this major development Fulvio Bosano, Guala Closures' R&D director, said, "This important agreement strengthens the Group'southward delivery toward more sustainable solutions, making our closures role of the future round economy. It is a meaning step in Guala Closures' objective to apply 35% of recycled materials in our products past 2025. The success of our sustainability strategy depends on both potent internal inquiry and partnerships with fundamental players such as Oceanworks."
Rob Ianelli, president and founder of Oceanworks, added, "Helping our customers in developing new products using our 100% recycled ocean plastics is an important step toward a real circular economy. Thanks to this partnership, nosotros accept the opportunity to make a significant bear upon by scaling the product of a more than sustainable packaging from materials that would otherwise be polluting our planet's oceans. Information technology is a real win-win."
Guala Closures Grouping has over 4,700 employees and 30 production facilities in 5 continents. It markets its products in more than 100 countries. The Group sells nearly 20 billion caps each year, with a turnover of EUR 607 million (approximately Rs 54765 crore) in 2019. Thank you to a policy of continuous commercial evolution and technological innovation, the Group is recognized as a world leader in the production of safe caps for spirits. It is a leading manufacturer of aluminum caps for spirits, wines, and beverages. Since August 2018, Guala Closures S.p.A. has been listed on the STAR segment of the Italian Stock Exchange, joining the FTSE Italia Mid Cap Index in September 2019.
Oceanworks is a digital market launched in 2022 to connect local recycled plastic supply with global demand to keep plastic out of the body of water. The marketplace offers 100s of ocean and averted plastic resins, textiles, and products from trusted suppliers worldwide. Oceanworks makes it easy for brands and manufacturers to source, evaluate, and buy these materials for both specialty applications and loftier-volume production alike. Past catalyzing demand, Oceanworks creates financial incentives that reduce plastic pollution, cut plastic carbon footprint, and back up collector livelihoods worldwide.
Source: https://packagingsouthasia.com/she-safety-health-and-environment/sustainability-health/guala-closures-signs/
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