Close×

Nestlé has partnered with waste management giant Veolia to improve waste collection, sorting, and recycling of plastic to divert waste from the environment and landfill.

Projects across 11 countries across Asia, Africa, Latin America, and Europe will look at developing recycling technologies suited for different markets, including pyrolysis, which Nestlé says is capable of producing virgin-quality plastic.

According to Magdi Batato, executive vice president and head of operations at Nestlé, the partnership is an important step in raising the recycled content of Nestlé’s bottled water packaging to 35 per cent, and total packaging to 15 per cent, by 2025.

“Plastic waste is a challenge that requires an ecosystem of solutions all working simultaneously. This partnership is another specific step to accelerate our efforts in addressing the critical issue of plastic waste.

“Leveraging on Veolia’s technology and expertise, we will start with pilot projects in multiple countries, with the intention of scaling these up globally,” said Batato.

Laurent Auguste, senior executive vice-president for development, innovation and markets at Veolia, says he is looking forward to working with Nestlé to boost the circular economy.

“Our expertise in resource recovery and recycling has positioned us to tackle this issue with global brands and other value-chain actors, across all continents.

“We believe it is time to move towards more recycling of materials and we are happy to help our clients be ever more inventive so they can keep improving our quality of life, whilst protecting our planet and its resources,” he said.

Nestlé aims to make 100 per cent of its packaging recyclable or reusable by 2025.

Food & Drink Business

A single GS1-powered QR code carried verified sustainability and provenance data from an Australian farm through the supply chain to consumers in seven countries in a 12-month pilot that its backers say provides the interoperable data infrastructure blueprint for food and agriculture traceability.

Noumi will be taken private by its largest shareholder, Arrovest, after signing a binding scheme implementation deed with the Perich family investment company, ending a year-long strategic review triggered by the $610 million redemption of its convertible notes due in May 2027.

As equipment, data and production processes become more interconnected, financing is playing a more strategic role in enabling the right outcomes, an area where companies such as DLL are helping businesses align investment with operational goals.