Clearwater Paper Collaborates With Charter Next Generation (CNG) to Launch Circular Polyethylene in Consumer Tissue Packaging
16 Noviembre 2023 - 3:45PM
Business Wire
Clearwater Paper Corporation (NYSE: CLW) today announced a
collaboration with Charter Next Generation (CNG) for an
early-to-market initiative to include advanced recycled
polyethylene in Clearwater Paper's private label tissue packaging
offerings. Advanced recycling includes difficult-to-recycle waste
plastics converted into new plastics that perform like virgin
materials. The purchase of this material in the place of
traditional resins helps to give new life to some plastics
otherwise headed to landfills.
"CNG is providing a competitive edge and is leading the way in
transforming waste plastics into useful products. This advancement
is critical to our success in meeting and exceeding sustainability
goals for Clearwater Paper," said Mike Urlick, senior vice
president and general manager, consumer products at Clearwater
Paper.
Consumers care about the environment and want to know about the
environmental attributes of the products they choose to purchase,
including the packaging. To ensure the proper chain of custody and
tracking of material through the mass balance approach,
International Sustainability and Carbon Certification (ISCC) Plus
certifications have been earned by both Clearwater Paper and
CNG.
"Clearwater Paper supports the principles of circular economy
and has a strong legacy of prioritizing the sustainability of the
products we make. Clearwater Paper is committed to responsible
sourcing and to partnering with innovative suppliers like CNG who
are aligned with our core values," said Traci Greco, purchasing
manager of Clearwater Paper.
"CNG is excited to build on our partnership with Clearwater
Paper. Together, we are leading the way to a more sustainable
future through the transition to circular packaging solutions,"
stated Kathy Bolhous, chief executive officer of Charter Next
Generation.
"Clearwater Paper considers it our everyday responsibility to
practice resource stewardship while producing high-quality products
for our customers. We are continuously exploring innovative methods
and materials to decrease landfill waste disposal," said Heidi
Moilanen, Clearwater Paper's senior product development manager.
"This collaboration allows us to take advantage of the new
materials made possible by the development of advanced recycling in
support of circular economy principles."
About Charter Next Generation
Charter Next Generation (CNG) is North America's leading
producer of highly engineered solutions used in the food, consumer,
healthcare, and industrial markets. Committed to a
sustainability-first approach, CNG leverages material science to
engineer materials that help companies meet and exceed their
sustainability goals. Known for world-class manufacturing
capabilities and an innovation-driven approach, CNG operates 15
facilities, employs over 2,200 employees, and is a proud partner of
Ownership Works®—a nonprofit partnering with companies to enable
shared ownership, granting employees a stake in the value they
create.
About Clearwater Paper
Clearwater Paper is a premier supplier of private brand tissue
to major retailers, including grocery, club, mass merchants, and
discount stores. In addition, the company produces bleached
paperboard used by quality-conscious printers and packaging
converters, and offers services that include custom sheeting,
slitting, and cutting. Clearwater Paper's employees build
shareholder value by developing strong relationships through
quality and service.
For additional information on Clearwater
Paper, please visit our website at www.clearwaterpaper.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231116281113/en/
Investors contact: Sloan Bohlen Solebury Trout 509-344-5906
investorinfo@clearwaterpaper.com
Media contact: Julia Angelen Joy Clearwater Paper Corporation
509-344-5978 julia.joy@clearwaterpaper.com
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