Hi-Cone launches RingCycles made with 50% recycled plastics
As part of its goal to eliminate 100% of current virgin plastic-based ring carriers from its product portfolio by the end of 2020, Hi-Cone is launching RingCycles – a multi-packaging solution that contains +50% post-consumer recycled (PCR) content. The development is part of the Illinois-based company’s environmental responsibility commitment as well as its goal to deliver a 100% recyclable, biodegradable or compostable alternative by 2025.
RingCycles are made using +50% post-consumer recycled resin, the production of which uses 90% less non-renewable energy, 83% less water consumption, emits 75% less greenhouse gases, and creates 43% less solid waste when compared to virgin material production.
Hi-Cone’s global sustainability goals include increasing investments in resource and material research, significantly minimising the amount of virgin plastic used, increasing recycling and education efforts to support a circular economy for plastic and reusing ring carriers collected to ensure zero plastic waste.
“Hi-Cone is reimagining packaging for the beverage industry for a more sustainable future and RingCycles is providing a better packaging solution now,” said Shawn Welch, general manager and vice president of Hi-Cone Worldwide. “This launch represents a significant milestone in our sustainability journey, technology innovation and material development.”
“RingCycles is an exciting step for us as we develop more effective ways to reduce and recycle plastic packaging within the beverage industry, as well as innovative ways to keep it in use and out of the environment. We are making significant investments in resources and material research to continue to develop the most sustainable and commercially viable solutions available on the market,” said Welch.