Aptar Joins the Ellen MacArthur Foundation’s CE100 Circular Economy Network
CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--May 23, 2019--
AptarGroup, Inc. (NYSE: ATR) announced today that it has joined the Ellen MacArthur Foundation’s Circular Economy 100 (CE100), the world’s leading circular economy network.
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The CE100 network brings together businesses, innovators, cities, governments, universities, and thought leaders in order to build new markets in line with the Ellen MacArthur Foundation’s vision for a circular economy. In January, Aptar signed the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment and the company is pleased to collaborate with colleagues in the packaging industry to implement powerful changes to the way plastic is made and used, with the ultimate goal of creating a circular economy for plastic in which it never becomes waste.
Commenting on joining the CE100 network, Stephan Tanda, Aptar President and Chief Executive Officer, said, “Packaging manufacturers must be active and public advocates for the industry transformation needed to deliver the vision of 100% of packaging being first collected, and then recycled or reused. By joining the CE100 network, we will work collaboratively with our fellow thought leaders to determine new ways to design out waste and keep products and materials in use.”
Aptar is well positioned to help its customers achieve their sustainability objectives, many of which are to achieve packaging that is 100% recyclable or reusable by 2025. Today Aptar has all-plastic, 100% polypropylene solutions that are fully recyclable depending on the local recycling program. In addition, Aptar has a line of closures, available in North America and Europe, made with post-consumer recycled resin (PCR) and continues to explore additional opportunities for sustainable resins.
Aptar’s Flip Lid closure and Stay-With™ technology were both designed to promote post-use recycling, as the band and the cap remain attached to the bottle, enabling the closure to go through the correct recycling stream. Furthermore, Aptar’s existing technologies, including multi-use, re-sealable dispensing closures, and spray and lotion pumps, are well suited to address the evolving need to re-use and re-fill.
Aptar will continue to work with the Ellen MacArthur Foundation, and the World Business Council for Sustainable Development, to serve as an advocate for sustainable products and processes within the packaging industry. Aptar is also a member of the International Solid Waste Association and part of a working group focused on waste minimization, the identification of recycling disruptors and the improved recyclability of products.
Aptar is a leading global supplier of a broad range of innovative dispensing, sealing and active packaging solutions for the beauty, personal care, home care, prescription drug, consumer health care, injectables, food and beverage markets. Aptar uses insights, design, engineering and science to create innovative packaging technologies that build brand value for its customers, and, in turn, make a meaningful difference in the lives, looks, health and homes of people around the world. Aptar is headquartered in Crystal Lake, Illinois and has over 14,000 dedicated employees in 18 different countries. For more information, visit www.aptar.com.
About the Ellen MacArthur Foundation
The Ellen MacArthur Foundation was launched in 2010 with the aim of accelerating the transition to the circular economy. Since its creation the charity has emerged as a global thought leader, establishing the circular economy on the agenda of decision makers across business, government, and academia. The charity’s work focuses on seven interlinking areas: insight and analysis; business; institutions, governments, and cities; systemic initiatives; circular design; learning; and communications. More information can be found at https://www.ellenmacarthurfoundation.org/. In addition, the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment is the vision of a circular economy for plastic, where plastics never become waste. Read the entire vision here: https://newplasticseconomy.org/assets/doc/npec-vision.pdf.
This press release contains forward-looking statements. Words such as “future” and other similar expressions or future or conditional verbs such as “will” are intended to identify such forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are based on our beliefs as well as assumptions made by and information currently available to us. Accordingly, our actual results may differ materially from those expressed or implied in such forward-looking statements due to known or unknown risks and uncertainties that exist in our operations and business environment. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured. For additional information on these and other risks and uncertainties, please see our filings with the Securities and Exchange Commission, including the discussion under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Form 10-Ks and Form 10-Qs. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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CONTACT: Investor Relations Contact:
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS PACKAGING PHILANTHROPY ENVIRONMENT FOUNDATION
SOURCE: AptarGroup, Inc.
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PUB: 05/23/2019 05:00 PM/DISC: 05/23/2019 05:01 PM