Greif DoubleGreenTM COEX 10L Wins 2014 IAIR Sustainability Award
October 15 2014 - 8:47AM
Business Wire
Greif (NYSE: GEF, GEF.B), a global leader in industrial
packaging products and services, has been recognized with the 2014
IAIR Sustainability Award. The recognition cited Greif’s
long-standing commitment to developing innovations in industrial
packaging and services that help global companies meet their
measureable sustainability goals. IAIR organizers specifically
cited Greif’s advances in innovative material development and its
DoubleGreenTM COEX 10L stackable jerry can, one of the first
multilayer 10-liter plastic jerry cans made from renewable
sugarcane.
“At Greif, we are focused on how sustainability drives
innovation and improves outcomes for our customers. Companies are
increasingly asking their supply chain partners to help them
measure and reduce their environmental footprint, while protecting
their products,” said Eduardo Simoniello, vice president and
general manager of Greif Latin America. “It’s an honor to be
recognized for developing industrial packaging that uses renewable
plant materials. Our commitment to sustainable practices is
long-standing and will continue to be at the forefront of Greif’s
culture of innovation.”
The DoubleGreen COEX 10-liter plastic jerry can incorporates
green polyethylene that is derived from sugarcane ethanol and
exceeds 50 percent of the total packaging composition. A Life Cycle
Assessment (LCA) commissioned by Greif shows that the DoubleGreen
COEX 10-liter jerry can is able to reduce CO2 emissions at a level
of approximately 50 percent as compared to the traditional jerry
can. Its stackable design eliminates the need for carton boxes for
transportation, improves inventory management cost, removes the
necessity for printing a duplicate label and optimizes the
recycling process.
DoubleGreen is also UN certified, which means that Greif’s
customers will not need to worry about managing or paying for the
UN Certification process themselves. The jerry can is produced by
Greif in Brazil.
The IAIR AWARDS® – Excellence in Global Economy &
Sustainability (www.iairawards.com) took place on October 10, 2014
in Milan.
About Greif
Greif is a world leader in industrial packaging products and
services. The company produces steel, plastic, fibre, flexible,
corrugated, multiwall and reconditioned containers, intermediate
bulk containers, containerboard and packaging accessories, and
provides blending, filling, packaging and industrial packaging
reconditioning services for a wide range of industries. Greif also
manages timber properties in North America. The company is
strategically positioned in more than 50 countries to serve global
as well as regional customers. Additional information is on the
company's website at www.greif.com.
About IAIR and IAIR AWARDS
IAIR is a leading research institute and a global independent
publisher, headquartered in Milan, Italy. IAIR AWARDS is one of the
world's leading ranking and prize for excellences in global economy
and sustainability.
Greif, Inc.Scott GriffinVice President, Corporate
Communications740-657-6516
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