PepsiCo has entered into a multi - year partnership agreement with sustainable plastic innovator Loop Industries . The agreement will enable it to expand production capacity from Loop ’s US joint venture facility , enabling the drinks firm to incorporate its PET plastic , which is 100 % recycled , into its products by early 2020 . The deal will also feature a communications and marketing initiative designed to increase awareness of the circular economy , recycling and sustainability .
PepsiCo has entered into a multi-year supply agreement with sustainable plastic innovator Loop Industries. The agreement will enable PepsiCo to buy production capacity from Loop’s US joint venture facility, enabling the drinks firm to incorporate Loop PET plastic, which is 100% recycled, into its packaging by early 2020. The deal will also feature a communications and marketing initiative designed to increase awareness of the circular economy, recycling and sustainability.