Perrier Partners With Three Startups on Sustainable Packaging
January 30 2020 - 11:56AM
Dow Jones News
By Dieter Holger
Perrier, a unit of Nestle SA (NESN.EB), said Thursday that it
will support three startups bringing more sustainable packaging to
the market by 2025.
The French bottled-water company said the startups are Biotic,
Flexikeg and PlastiSkul. Biotic makes bio-based and biodegradable
plastic from agriculture waste, Flexikeg creates beverages with a
re-usable flexible keg and PlastiSkul develops so-called micro
factories for waste collection.
Each company will receive technical, operational and financial
support up to 1 million euros ($1.1 million).
Perrier said it selected the startups after receiving around 90
applicants since it called for submissions in April 2019.
Write to Dieter Holger at dieter.holger@wsj.com;
@dieterholger
(END) Dow Jones Newswires
January 30, 2020 11:41 ET (16:41 GMT)
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