US – Five major brand owners based in the US have formed a strategic working group focused on accelerating the development and use of 100% plant-based PET materials and fiber in their products.
The Coca-Cola Company (TCC), Ford Motor Company, H.J. Heinz Company, NIKE, Inc and Procter & Gamble (P&G) recently announced the formation of the Plant PET Technology Collaborative (PTC) to research plant-based PET for use by all member companies in a variety of products and materials including plastic bottles, apparel, footwear and automotive fabric and carpet.
According to the partners, this new collaborative was formed to support new technologies in an effort to evolve packaging material that is partially made from plants to a solution made entirely from plants.
The companies say that besides leading the charge towards 100% plant-based materials, they will also work together to meet each member’s future business goals.
“By leveraging the research and development efforts of the founding companies, the PTC is taking the lead to affect positive change across multiple industries,” the companies said in a press statement.
“PTC members are committed to researching and developing commercial solutions for PET plastic made entirely from plants and will aim to drive the development of common methodologies and standards for the use of plant-based plastic including life cycle analyses and universal terminology.”