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.
About Aptar
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
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such as “will” are intended to identify such forward-looking statements.
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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
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and other risks and uncertainties, please see our filings with the
Securities and Exchange Commission, including the discussion under “Risk
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Condition and Results of Operations” in our Form 10-Ks and Form 10-Qs.
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whether as a result of new information, future events or otherwise.
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