EPL (formerly known as Essel Propack) announced that the company has been selected as a partner by Unilever, in their journey towards achieving 100% sustainability in the oral care segment.
Accordingly, EPL will supply their APR approved, 100% recyclable and fully sustainable Platina Tubes, for the toothpaste category of Unilever.
EPL's Platina Tube with HDPE closure, is the world's first fully sustainable and completely recyclable tube accredited by APR. This partnership will help Unilever's oral care brands like Signal, Pepsodent and Closeup to be 100% recyclable by 2025.
Speaking on the partnership, Ram Ramasamy, Chief Operating Officer, EPL said, EPL's Platina, ecofriendly laminated tube, produced with less than 5% barrier resin, is designed to deliver source reduction and recyclability without the loss of any barrier properties. Platina tube is especially suited for oral and beauty & cosmetics products brands.
Unilever will be launching fully recyclable tubes later this year in two of their biggest oral care markets, France and India.
The announcement was made after market hours yesterday, 30 May 2021. Shares of EPL rose 0.26% to settle at Rs 228 yesterday.
EPL partners with Unilever for sustainability initiative in oral care range
Auto stocks, Magma Fincorp, EPL in spotlight
Ambica Agarbathies Aroma & Industries Ltd leads gainers in 'B' group
Eco Recycling launches mobile app to collect e-waste for recycling
NxtDigital and Siti Networks sign infrastructure sharing agreement in MSO space
Advanced Enzyme Q4 PAT rises 3% YoY to Rs 34 cr
Kolte Patil reports Q4 PAT at Rs 21 cr
Dollar Industries Ltd leads losers in 'A' group
Bannari Amman Spinning Mills Ltd leads losers in 'B' group
RIL rises 10% in four days
EPL (formerly known as Essel Propack) is the world's largest specialty packaging company, manufacturing laminated plastic tubes catering to the FMCG and pharma spaces.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content