ecoSolutions Intl, a developer of environmental-friendly consumer materials, announced that it has signed a five year agreement for exclusive use of a technology that dramatically reduces oil consumption and landfill impacts in some of the most widely used plastic materials, polypropylene (PP) and polyethylene (PE). The technology strengthens existing plastic materials while maintaining recyclability.
Under the terms of the agreement, ecoSolutions Intl will market this proprietary technology, initially targeting the plastic bag industry that currently produces approximately 380 billion bags annually in the United States while using an estimated 1.3 billion gallons of oil. Incorporating this material into current manufacturing processes can reduce oil consumption by as much as 50%, while maintaining the plastic’s recyclability. This technology can also be used with post recycled material.
“We believe this technology is the next step in reducing the environmental impact of plastic bags. With our initial focus on the plastic bag segment of the plastics industry, we have the potential to save 600 million gallons of oil annually. This technology has much broader uses in other packaging products that we believe will help the environment” said Bill Patridge, President and CEO of ecoSolutions Intl.
Source: ecoSolutions Intl
Click Here Now to Get FREE Newsletters from Packaging Digest
.
