Pretium Packaging manufactures plastic containers and closures for the food and specialty beverage, household and more. Credit: Syed Hussaini on Unsplash.

North American plastic containers and closures manufacturer Pretium Packaging has committed to circular economy goals by 2025 as part of the US Plastic Pact.

The company joined the US Plastics Pact, which is a collaborative initiative led by The Recycling Partnership, World Wildlife Fund (WWF) and Ellen MacArthur Foundation.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

As part of the US Pact, Pretium will create a list of packaging and designate them as problematic or unnecessary by this year and implement measures to eliminate them by 2025.

The company has also agreed to make all plastic packaging 100% reusable, recyclable or compostable by 2025.

Pretium will also take actions to recycle or compost 50% of plastic packaging and its plastic packaging will have 30% recycled content or responsibly sourced bio-based content during the same duration.

Pretium Packaging CEO Paul Kayser said: “We are delighted to join the US Plastics Pact as their stated goals perfectly align with Pretium’s strategy to fight the global problems of plastic waste through the elimination of both single-use packaging and non-recyclable plastic materials from our portfolio.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Looking forward, we are increasing our investment in our product offerings to drive more options for our customers and greater adoption of this resource.

“Additionally, we are committed to not contribute to the problem by focusing our efforts on processing only resins that can be commercially recycled and eliminating product lines like multi-layer containers that contaminate the recycling streams or purely convenience type containers such as water bottles for which there are more sustainable alternatives.

“Our efforts are completely aligned with the US Plastics Pact to further the ultimate solution of the circular economy for plastics.”

Last August, personal care products manufacturer Kimberly-Clark and Henkel North America joined the US Plastics Pact.