Nestlé is spending billions to create a market for recycled plastics

  • 📰 CNN
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Food companies trying to reduce their consumption of plastic have a big problem — it's hard to find suitable recycled material. Nestlé says it's willing to spend more than $2 billion to try and fix that.

London Food companies trying to reduce their consumption of plastic have a big problem — it's hard to find suitable recycled material. Nestlé says it's willing to spend more than $2 billion to try and fix that.

The world's biggest food company said in a statement Thursday that it would cut costs in other parts of its business to free up more than 1.5 billion Swiss francs to buy 2 million metric tons of recycled plastic between now and 2025.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Flushing money. Shareholders take note.

Nestlé is equivalent to the companies that were financing and doing business with The third Reich. Evil company.

bullshit Every dime of that will come back on the shoulders of the consumer. Screwing us over knee jerk BS.

It would be better if Nestle would stop effectively stealing water, putting it in plastic bottles and selling it at ridiculous prices.

This is the kind of anti-pollution effort I can get behind. We just want clean air, clean water, clean land. No need to pretend it's about 'climate change'.

A global problem

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GOP senator calls CNN reporter 'liberal hack' when asked about impeachment - Business InsiderGOP Sen. Martha McSally called a CNN reporter a 'liberal hack' when asked a straightforward question regarding President Donald Trump's impeachment trial. Unelected GOP senator... Yeah, and?
Source: BusinessInsider - 🏆 729. / 51 Read more »