Hi-Cone Announces Launch of RingCycles
As part of its goal to eliminate 100 percent of current virgin plastic-based ring carriers from its product portfolio by the end of 2020, Hi-Cone is launching RingCyclesä – a multi-packaging solution that contains +50 percent post-consumer recycled (PCR) content. This is reportedly a critical step in the company’s environmental responsibility commitment as well as its goal to deliver a 100 percent recyclable, biodegradable or compostable alternative by 2025.
RingCycles are made using +50 percent post-consumer recycled resin. When considering life cycle impacts, PCR production uses: 90 percent less non-renewable energy, 83 percent less water consumption, emits 75 percent less greenhouse gases and creates 43 percent less solid waste when compared to virgin material production.
Hi-Cone’s global sustainability goals include increasing investments in resource and material research, significantly minimizing the amount of virgin plastic used, increasing recycling and education efforts to support a circular economy for plastic and reusing ring carriers collected to ensure zero plastic waste.
Hi-Cone is reimagining packaging for the beverage industry for a more sustainable future and RingCycles is providing a better packaging solution now,” said Shawn Welch, general manager and vice president of Hi-Cone Worldwide. “This launch represents a significant milestone in our sustainability journey, technology innovation and material development.
“RingCycles is an exciting step for us as we develop more effective ways to reduce and recycle plastic packaging within the beverage industry, as well as innovative ways to keep it in use and out of the environment. We are making significant investments in resources and material research to continue to develop the most sustainable and commercially viable solutions available on the market.”