Welcome to the Plastics Weekly, NEO’s regular news monitoring of the plastics industry.
Every week, we publish a roundup of the top developments in plastics and sustainability – from regulatory changes to company news.
This week’s highlights:
- IHG, the owner of Holiday Inn, is partnering with British consumer goods group Unilever to supply full-sized body wash, shampoos, conditioners and other bathroom products as part of an effort to eliminate single-use plastics by 2030. London-listed IHG operates more than 6,000 hotels worldwide and said all of its markets now employ larger bottles and dispensers that are not replaced after each guest stay. (Reuters)
- McDonald’s shareholders have expressed support for a resolution requesting that the company develops a report on its action plan to reduce plastic packaging pollution. The resolution was filed by the shareholder advocacy organisation As You Sow, which said that more than 206 million shares representing 41.9% ownership of McDonald’s Corporation stood behind its move. McDonald’s received a “D-” grade in As You Sow’s Corporate Plastic Pollution Scorecard. (Packaging Europe)
- TotalEnergies has introduced a compostable bioplastic called Polylactic Acid (PLA) as an alternative material to cut down on plastic waste. Using bio-based compostable bioplastics like PLA meets demand for plastics in the packaging, healthcare and other industries while having a reduced carbon footprint and a sustainable end-of-life option. (Polymer Update)