Berry Global Delivers on Anticipated Sustainable Films Demand
April 22 2021 - 8:30AM
Business Wire
Today, Berry Global Group, Inc. (NYSE: BERY), announced an
investment of more than $70 million to support continued growth in
consumer packaging films, primarily for e-commerce, food, and
beverage applications. The investment supports new multi-layer
blown film lines along with infrastructure upgrades and other
equipment that will come online in 2021 and 2022, across multiple
sites in the North American manufacturing system. Beyond the
traditional infrastructure upgrade, the film lines will support the
anticipated increased customer demand for recycled content.
Beyond the material, Berry is committed to remaining at the
forefront of the innovation necessary to meet customers’
sustainability goals and will do so through its investments in the
latest equipment technologies, advantaged film development, and
design for circularity. Line flexibility is a critical investment
strategy deployed by Berry to ensure that ongoing material science
developments apply to customer specifications, ranging from
recycled content in its films to PHA resins that support bio-resin
use.
Many of Berry’s customers have publicly stated sustainability
goals, many of which specify the increased use of recycled or
recyclable materials. This investment will further enhance Berry’s
portfolio of fully recyclable, biodegradable, or compostable films
to support its customer’s needs. In addition, the Company will
incorporate renewably sourced raw materials into its
products−specifically, shrink film, and other flexible films.
“These investments are strategically focused on expanding our
advantaged product portfolio to help our customers meet their
sustainability goals, while concurrently driving innovation in
anticipation of future sustainability needs in the flexible
packaging market,” said Jerry Lamarre, Executive Vice President and
General Manager Engineered Products for Berry’s Engineered
Materials Division.
Within the flexible packaging market, Berry demonstrates its
strength in design for circularity with more innovation coming to
the market in partnership with its customers. Berry’s investments
in infrastructure for a circular economy combined with its flexible
films expertise positions the Company as one of North America’s
preferred sustainable film suppliers.
About Berry
At Berry Global Group, Inc. (NYSE:BERY), we create innovative
packaging and engineered products that we believe make life better
for people and the planet. We do this every day by leveraging our
unmatched global capabilities, sustainability leadership, and deep
innovation expertise to serve customers of all sizes around the
world. Harnessing the strength in our diversity and industry
leading talent of 47,000 global employees across more than 295
locations, we partner with customers to develop, design, and
manufacture innovative products with an eye toward the circular
economy. The challenges we solve and the innovations we pioneer
benefit our customers at every stage of their journey. For more
information, visit our website at berryglobal.com, or connect with
us on LinkedIn or Twitter.
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version on businesswire.com: https://www.businesswire.com/news/home/20210422005597/en/
Berry Media Contact: Amy Waterman +1 812 306 2435
amywaterman@berryglobal.com
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