VANCOUVER, BC, May 11, 2021 /CNW/ - good natured Products Inc.
("good natured®") (TSXV: GDNP), a
North American leader in earth-friendly plant-based products, is
pleased to launch Canada's first
innovative assortment of compostable Microwavable To Go Containers
as a viable alternative for businesses faced with the impending
single-use plastic ban in Canada.
The Canadian Federal government has announced plans to regulate
and/or ban certain single-use plastic items starting in
December 2021, including a proposed
ban on foodservice ware made from "problematic plastic that is
hard to recycle", such as black take-out containers used frequently
by restaurants and grocers. The proposed ban also recognizes
"innovative technologies to improve the environmental outcomes of
some single-use products. For example, the use of compostable,
bio-based, or biodegradable plastics …"[1]
Minimizing waste and environmental impact is top of mind for
both consumers and organizations, yet at the same time the
widespread effect of COVID-19 has led to higher requirements to
protect food in grocery stores and increased demand for take-out
from restaurants due to rolling restrictions on in-restaurant
dining. This, in combination with growing government and corporate
mandates, is driving demand for innovative packaging solutions that
do less harm to the planet and human health.
Packaging made from renewable materials that can be commercially
composted at the end of its useful life is considered a viable
option to create a closed loop, zero-waste solution. This is
especially true in foodservices applications, where traces of food
and oils on packaging can make them problematic for easy recycling,
regardless of the material they're made from.
Compounding the recylability issue, some traditional
petroleum-based plastics have been found to contain chemicals of
concern, like BPAs and phthalates, which pose the risk of leaching
when heated. Heat resistant plant-based options with no chemicals
of concern were not previously viable due to high price points. In
an environment where restaurants are fighting to survive, absorbing
substantially higher costs in operations is simply not an
option.
Working with its recently acquired in-house manufacturing
facilities, Shepherd and IPF, along with our team members across
engineering, packaging and product development, the Company today
announced it will be presenting its new and innovative Microwavable
To Go Containers at the Grocery and Specialty Foods West virtual
tradeshow. These containers are designed to be compostable, are
made from 97% plant-based materials and contain no chemicals of
concern that are potentially harmful to human health and the
environment. With leak resistance and durability in line with
traditional plastic options, good natured®
Microwavable To Go Containers are suitable for hot foods and
microwave re-heating. This is one of the first available hot food
packaging options on the market that combines the zero-waste
benefits of commercial composting with affordable price points, and
has Canadian innovation written all over it.
The Company is launching the most popular 16, 24 and 32 oz
formats in a variety of trending 2021 colours with interchangeable
leak-resistant lids – a crystal clear lid for grocers to maximize
product visualization and a translucent lid suitable for microwave
heating, which is particularly appealing for restaurant and
take-out applications.
"We've been collaborating on the commercialization of certified
compostable, microwavable technology for several years, and now we
have a commercially viable, affordable product that is ready for
launch," said Paul Antoniadis, CEO
of good natured®. "The demand for secure storage
and transport of food that is respectful of the environment, in
combination with increasing emergence of single-use plastic bans
meant we needed to get our plant-based microwavable technology
across the finish line. We're very excited to be launching these
Microwavable To Go Containers and wish to express our sincere
appreciation to our newest good natured® team
members at our Shepherd and IPF facilities who jumped in and have
played an integral role in bringing this to reality!"
About good natured Products Inc.
good
natured® is passionately pursuing its goal of
becoming North America's leading
earth-friendly product company by offering the broadest assortment
of eco-friendly options made from plants instead of petroleum.
We're all about making it easy and affordable for business owners
and consumers to switch to better everyday
products® made from renewable materials and free
from chemicals of concern.
Part of the sustainable consumer goods market, good
natured® offers over 385 products and services
through wholesale and retail channels, including our own e-commerce
stores. From plant-based home organization products to compostable
food containers, bioplastic industrial supplies and medical
packaging, we're focused on delivering a great customer experience
to make more plant-based products readily accessible to more people
as the path to deliver meaningful environmental and social
impact.
For more information: goodnaturedproducts.com
On behalf of the Company:
Paul Antoniadis – Executive Chair
& CEO
Contact: 1-604-566-8466
Investor Contact:
Spencer Churchill
Investor Relations
1-877-286-0617 ext. 113
invest@goodnaturedproducts.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibilities for the adequacy or
accuracy of this release.
|
[1] Government of
Canada's "A proposed integrated management approach to plastic
products to prevent waste and pollution DISCUSSION
PAPER"
|
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SOURCE Good Natured Products