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Pactiv Evergreen Launches Recycleware® Reduced-Density Polypropylene Packaging Products

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Pactiv Evergreen Inc. (PTVE) has launched innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays, offering a sustainable alternative to foam polystyrene packaging. These vertically integrated trays are extruded, thermoformed, and padded at Pactiv Evergreen facilities, ensuring processor-grade quality and compatibility with existing overwrap equipment.

The Recycleware RDPP meat trays have been recognized by the Association of Plastic Recyclers (APR) for meeting the highest criteria in the APR Design® Guide for Plastics Recyclability. They are recyclable in communities that accept polypropylene trays, aligning with Pactiv Evergreen's commitment to producing innovative packaging with reduced environmental impact.

Pactiv Evergreen Inc. (PTVE) ha lanciato innovativi vassoi di carne in Polipropilene a Densità Ridotta (RDPP) Recycleware®, offrendo un'alternativa sostenibile all'imballaggio in polistirolo espanso. Questi vassoi, che sono estrusi, termoformati e imbottiti presso gli stabilimenti Pactiv Evergreen, garantiscono qualità da processore e compatibilità con l'attrezzatura esistente per il confezionamento.

I vassoi di carne Recycleware RDPP sono stati riconosciuti dall'Association of Plastic Recyclers (APR) per aver soddisfatto i più alti criteri nella Guida al Design® per la Riciclabilità della Plastica dell'APR. Sono riciclabili nelle comunità che accettano vassoi di polipropilene, conformandosi all'impegno di Pactiv Evergreen nella produzione di imballaggi innovativi con un ridotto impatto ambientale.

Pactiv Evergreen Inc. (PTVE) ha lanzado innovadoras bandejas de carne de Polipropileno de Densidad Reducida (RDPP) Recycleware®, ofreciendo una alternativa sostenible al embalaje de poliestireno expandido. Estas bandejas, que son extrudidas, termoformadas y acolchadas en las instalaciones de Pactiv Evergreen, garantizan calidad de procesador y compatibilidad con el equipo de sobreenvoltura existente.

Las bandejas de carne Recycleware RDPP han sido reconocidas por la Asociación de Recicladores de Plásticos (APR) por cumplir con los más altos criterios en la Guía de Diseño® del APR para la Reciclabilidad de Plásticos. Son reciclables en comunidades que aceptan bandejas de polipropileno, alineándose con el compromiso de Pactiv Evergreen de producir empaques innovadores con un menor impacto ambiental.

Pactiv Evergreen Inc. (PTVE)는 혁신적인 저밀도 폴리프로필렌(RDPP) 리사이클웨어® 고기 트레이를 출시하여 발포 폴리스티렌 포장재에 대한 지속 가능한 대안을 제공합니다. 이 수직 통합된 트레이는 Pactiv Evergreen 시설에서 압출, 열형성 및 패딩되어 프로세서 등급 품질과 기존의 포장 장비와의 호환성을 보장합니다.

리사이클웨어 RDPP 고기 트레이는 플라스틱 재활용기 협회(APR)로부터 APR 플라스틱 재활용성 설계 가이드에서 가장 높은 기준을 충족하여 인정받았습니다. 이들은 폴리프로필렌 트레이를 수용하는 지역 사회에서 재활용 가능하며, Pactiv Evergreen이 환경 영향을 줄이기 위한 혁신적인 포장을 생산하겠다는 약속과 일치합니다.

Pactiv Evergreen Inc. (PTVE) a lancé des plateaux à viande en Polypropylène à Densité Réduite (RDPP) Recycleware® innovants, offrant une alternative durable à l'emballage en polystyrène expansé. Ces plateaux intégrés verticalement sont extrudés, thermoformés et rembourrés dans les installations de Pactiv Evergreen, garantissant une qualité de traitement et une compatibilité avec l'équipement d'emballage existant.

Les plateaux à viande Recycleware RDPP ont été reconnus par l'Association des Recycleurs de Plastiques (APR) pour avoir respecté les critères les plus stricts du Guide de Design® de l'APR relatif à la recyclabilité des plastiques. Ils sont recyclables dans les communautés qui acceptent les plateaux en polypropylène, s'alignant sur l'engagement de Pactiv Evergreen à produire un emballage innovant avec un impact environnemental réduit.

Pactiv Evergreen Inc. (PTVE) hat innovative Wurstschalen aus recyclebarem Polypropylen mit niedriger Dichte (RDPP) Recycleware® auf den Markt gebracht, die eine nachhaltige Alternative zu Schaumstoffverpackungen bieten. Diese vertikal integrierten Schalen werden in den Einrichtungen von Pactiv Evergreen extrudiert, thermoformiert und gepolstert, wodurch eine qualitativ hochwertige Verarbeitung sichergestellt und die Kompatibilität mit vorhandenen Verpackungsgeräten gewährleistet wird.

Die Recycleware RDPP Wurstschalen wurden von der Association of Plastic Recyclers (APR) für die Erfüllung der höchsten Kriterien in der APR Design®-Leitfaden für Plastikrückführung anerkannt. Sie sind in Gemeinden, die Polypropylen-Schalen akzeptieren, recycelbar und entsprechen dem Engagement von Pactiv Evergreen, innovative Verpackungen mit reduzierter Umweltbelastung herzustellen.

Positive
  • Launch of innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays
  • Recognition from Association of Plastic Recyclers (APR) for meeting highest recyclability criteria
  • Vertically integrated production process ensuring quality and compatibility with existing equipment
  • Sustainable alternative to foam polystyrene packaging
Negative
  • None.

The launch of Recycleware® Reduced-Density Polypropylene (RDPP) meat trays by Pactiv Evergreen marks a significant step towards sustainable packaging in the food industry. This innovation addresses the growing concern over foam polystyrene use, offering a recyclable alternative that maintains processor-grade quality. The vertical integration of production processes suggests improved efficiency and potentially lower costs. The recognition from the Association of Plastic Recyclers (APR) adds credibility to the product's recyclability claims, which could appeal to environmentally conscious consumers and retailers. However, the actual environmental impact will depend on the availability of polypropylene recycling facilities in different communities. This move aligns with the broader industry trend towards sustainable packaging solutions, potentially positioning Pactiv Evergreen favorably in a market increasingly driven by environmental considerations.

Pactiv Evergreen's introduction of Recycleware® RDPP meat trays could significantly impact their market position. The product addresses a growing demand for sustainable packaging in the food industry, particularly as alternatives to foam polystyrene. This launch could potentially increase Pactiv Evergreen's market share, especially among environmentally conscious retailers and consumers. The compatibility with existing overwrap equipment is a important selling point, as it reduces adoption barriers for processors. However, the success of this product will largely depend on factors such as pricing competitiveness, performance compared to traditional options and the rate of adoption by major food processors and retailers. The long-term market impact will also be influenced by the development of recycling infrastructure for polypropylene across different regions. Overall, this product launch positions Pactiv Evergreen as an innovator in sustainable packaging, which could enhance brand value and customer loyalty.

LAKE FOREST, Ill., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc., a leading manufacturer of fresh food and beverage packaging in North America, is excited to launch innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays. Pactiv Evergreen’s Recycleware RDPP meat trays are the perfect solution for packer processors seeking alternatives to foam polystyrene.

“Pactiv Evergreen is dedicated to producing innovative, quality packaging with a reduced environmental impact,” said Eric Wulf, President of Pactiv Evergreen’s Food and Beverage Merchandising business. “Our new Recycleware RDPP Meat Trays are vertically integrated, meaning they are extruded, thermoformed and padded at our facilities. They are processor grade and run well on existing overwrap equipment.”

Pactiv Evergreen’s Recycleware RDPP meat trays have been recognized by the Association of Plastic Recyclers (APR) as meeting the highest criteria in the APR Design® Guide for Plastics Recyclability. Additionally, they may be recycled in communities that accept polypropylene trays. The Recycleware RDPP meat trays are a sustainable alternative to foam polystyrene trays.

“APR is pleased to recognize Pactiv Evergreen’s Recycleware RDPP Meat Tray as meeting or exceeding the voluntary requirements for APR Design® for Recyclability Recognition,” said Steve Alexander, APR President & CEO. “The Recycleware RDPP Meat Tray was evaluated using the most stringent, industry accepted criteria that encompass a wide range of design features affecting plastics recycling.”

“It’s rewarding to support our customers in their efforts to have a positive impact on the environment,” said Lynn Dyer, Chief Sustainability Officer for Pactiv Evergreen. “We’re committed to our company’s purpose of Packaging a Better Future by providing innovative, sustainable solutions.”

Learn more on how Recycleware RDPP meat trays can be a sustainable solution for your business: https://pactivevergreen.com/rdpp-meat-trays

About Pactiv Evergreen Inc.
Pactiv Evergreen Inc. (NASDAQ: PTVE) is a leading manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Company produces a broad range of on-trend and feature-rich products that protect, package and display food and beverages for today’s consumers. Its products, many of which are made with recycled, recyclable or renewable materials, are sold to a diversified mix of customers, including restaurants, foodservice distributors, retailers, food and beverage producers, packers and processors. Learn more at www.pactivevergreen.com.

Note to Investors Regarding Forward-Looking Statements
This press release contains forward-looking statements. All statements contained in this press release other than statements of historical fact are forward-looking statements, including statements regarding our sustainability goals. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential,” “likely” or “continue,” the negative of these terms and other comparable terminology. These statements are only predictions based on our expectations and projections about future events as of the date of this press release and are subject to a number of risks, uncertainties and assumptions that may prove incorrect, any of which could cause actual results to differ materially from those expressed or implied by such statements, including, among others, those described under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024 and June 30, 2024, in each case filed with the Securities and Exchange Commission. New risks emerge from time to time, and it is not possible for our management to predict all risks, nor can management assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement the Company makes. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. Except as otherwise required by law, the Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Media Contacts:
Beth Kelly – Pactiv Evergreen
beth.kelly@pactivevergreen.com


FAQ

What new product has Pactiv Evergreen (PTVE) launched in August 2024?

Pactiv Evergreen (PTVE) has launched Recycleware® Reduced-Density Polypropylene (RDPP) meat trays in August 2024.

How do Pactiv Evergreen's (PTVE) new RDPP meat trays benefit the environment?

The RDPP meat trays are a sustainable alternative to foam polystyrene, are recyclable in communities accepting polypropylene trays, and meet the APR Design® Guide for Plastics Recyclability criteria.

What recognition has Pactiv Evergreen (PTVE) received for its new RDPP meat trays?

The Association of Plastic Recyclers (APR) has recognized Pactiv Evergreen's Recycleware RDPP meat trays as meeting or exceeding the voluntary requirements for APR Design® for Recyclability Recognition.

How are Pactiv Evergreen's (PTVE) new RDPP meat trays manufactured?

The RDPP meat trays are vertically integrated, being extruded, thermoformed, and padded at Pactiv Evergreen's facilities, ensuring processor-grade quality and compatibility with existing overwrap equipment.

Pactiv Evergreen Inc.

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