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0RQC Essity Ab (publ)

224.75
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Essity Ab (publ) LSE:0RQC London Ordinary Share SE0009922156 ESSITY ORD SHS CLASS A
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 224.75 51 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Med, Dental, Hosp Eq-whsl 173.92B 9.55B 13.6030 1.88 17.97B

Essity reuses more than half of France's recycled food and beverage packaging

19/10/2023 7:36am

PR Newswire (US)


Essity Ab (publ) (LSE:0RQC)
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From May 2023 to May 2024

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STOCKHOLM, Oct. 19, 2023 /PRNewswire/ -- The hygiene and health company Essity has inaugurated the world's first production line for professional hygiene tissue products where the raw material consists of used food and milk packaging. The facility recycles 25,000 tons per year, equivalent to 60% of all collected, sorted and recycled food and beverage cartons in France. 

Since 2008, Essity's plant in Hondouville has been the leader in recycling paper fiber from food and beverage packaging in France. The latest expansion has increased the recycling capacity by 40%. In addition to increased recycling capacity, the process also enables the recycling of almost all the materials in the packaging, including plastic and aluminum. Essity uses the fiber raw material to manufacture tissue products under the Tork brand.

Essity is constantly developing new methods to reuse materials and optimize resources, with the aim of achieving net zero emissions by 2050. The company has similar recycling initiatives in Germany, the Netherlands and most recently in Ecuador, where Essity is collaborating with McDonald's and the company ReciVeci to recycle paper cups from fast-food restaurants.

"A truly circular society can only be achieved if there is integrated collaboration between all members of the value chain, and our production plant in Hondouville is a role model in end to-end circular economy. The production facility provides cost-efficient and sustainable production while we take important steps toward a world with zero landfill," says Donato Giorgio, President, Global Supply Chain at Essity. 

France is Essity's second largest market in Europe with approximately 2,300 employees and annual sales of SEK 11.7bn. Essity manufactures and sells hygiene and health products under leading brands, such as Actimove, Cutimed, Delta-Cast, Demak'Up, JOBST, Leukoplast, Lotus, Nana, Okay, TENA and Tork.

For further information, please contact:
Karl Stoltz, Media Relations Director, +46 709 42 63 88, karl.stoltz@essity.com 

The following files are available for download:

https://mb.cision.com/Main/15798/3856193/2368170.pdf

Essity reuses more than half of France’s recycled food and beverage packaging

https://news.cision.com/essity/i/hondouville,c3226800

Hondouville

https://news.cision.com/essity/i/hondouville-france-3,c3226803

Hondouville-France 3

https://news.cision.com/essity/i/photo-essity-2,c3226821

Photo Essity 2

https://news.cision.com/essity/i/photo-essity-1,c3226823

Photo Essity 1

https://news.cision.com/essity/i/photo-essity-3,c3226825

Photo Essity 3

 

Cision View original content:https://www.prnewswire.com/news-releases/essity-reuses-more-than-half-of-frances-recycled-food-and-beverage-packaging-301961679.html

SOURCE Essity

Copyright 2023 PR Newswire

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