- Pulpex is the world's first widely recyclable, PET-free
paper bottle
- BASF, the world's largest supplier of sustainable
chemistry, collaborates with Pulpex to help scale paper bottling
technology
- The eco-friendly paper bottle is designed to hold a wide
range of liquids
LONDON, June 23, 2021 /PRNewswire/ -- BASF, the
world's leading supplier of innovative materials for the packaging
industry, has forged a collaboration with Pulpex Ltd and its global
partners to develop proprietary, food-grade barrier technologies
for the eco-friendly Pulpex paper bottle.
Pulpex Ltd. (www.pulpex.com) is a new world-leading sustainable
packaging technology company established by venture management firm
Pilot Lite and spirits producer Diageo. The company has developed
the world's first 100% PET-free paper bottle. Made from sustainably
sourced pulp, Pulpex bottles meet food safety standards and can be
recycled in standard paper waste streams, which have a far higher
yield than plastic waste streams.
Scott Winston, CEO, Pulpex, said:
"We're proud to be working alongside a world-leading, innovative
company like BASF. Their strategic intent and track record of
advancing chemical sciences to deliver a more sustainable future
makes the company an ideal partner for Pulpex."
BASF has a long tradition as a supplier of innovative solutions
for the packaging industry and has an expert network of highly
experienced technicians that support customers in product
development and process optimization.
Victoria Callaghan, Packaging
Project Manager at BASF plc, said: "We are helping to drive
positive innovation in the packaging industry and are determined to
help deliver sustainable packaging materials where we can, while
ensuring the quality, safety and efficacy of our products. It's
great to be working with Pulpex to continue developing its paper
bottling technology for the world."
The wide range of applications for the Pulpex technology include
alcohol and non-alcohol beverages, liquid foods, homecare, personal
care and consumer healthcare. The company is also working toward
adding the capability of holding hot-fill and carbonated products
by the end of 2022.
About BASF
At BASF, we create chemistry for a sustainable future. We
combine economic success with environmental protection and social
responsibility. More than 110,000 employees in the BASF Group
contribute to the success of our customers in nearly all sectors
and almost every country in the world. Our portfolio is organized
into six segments: Chemicals, Materials, Industrial Solutions,
Surface Technologies, Nutrition & Care and Agricultural
Solutions. BASF generated sales of €59 billion in 2020. BASF shares
are traded on the stock exchange in Frankfurt (BAS) and as American Depositary
Receipts (BASFY) in the U.S.
Further information at www.basf.com.
About Pulpex
Pulpex is a collaboration between Pilot Lite and Diageo. Pilot
Lite is a pioneer and international leader in venture management
with a successful track record helping Fortune 500/FTSE 100
corporates accelerate the commercialization of innovation. Through
its Pilot Lite Capital arm, Pilot Lite directly invests in and
converts corporate IP into free-standing, revenue-generating
businesses. Diageo is a global leader in beverage alcohol with an
outstanding collection of brands sold in more than 180 countries
around the world. The company is listed on both the London Stock
Exchange (DGE) and the New York Stock Exchange (DEO).
Further information at www.pulpex.com.