Nestle to spend up to 2b Swiss francs on recycled-plastic plan

The Business Times | Jan 16, 2020 at 12:00 AM
  • Nestle SA plans to spend as much as two billion Swiss francs (S$2.79 billion) to shift towards using more recycled plastic.
  • Nestle has pledged to make all of its packaging recyclable or reusable by 2025.
  • Nestle inaugurated a packaging research site near Lausanne in September to develop packaging that’s less harmful to the environment, such as fully biodegradable paper-based water bottles and refillable containers.