Eco-Products business unit will expand offering to include
reusable products and collection systems as part of
deal
CHARLOTTE, N.C., April 30,
2024 /PRNewswire/ -- Novolex® today
announced a strategic investment in Rhode
Island-based reusable systems and container brand
OZZI®. As a part of this investment,
Eco-Products®, a Novolex business unit and leader in
circular solutions for the foodservice industry, will help
accelerate the growth of OZZI.
The OZZI family of products and solutions includes
O2GO® containers, cups, and cutlery; OZZI Drop N'Go
Collection Systems; the OZZI Automated Collection Machine; and a
Kitchen Collection of racks, baskets, and other equipment to
support washing, sanitizing, drying, and storing returned
reusables. The O2GO containers have been third-party tested and are
certified to perform for more than 1,000 washes.
Reusables are well-positioned for closed-system foodservice
environments where consumer convenience and proximity to dedicated
return receptacles optimize product return and reuse. OZZI products
and solutions are specifically designed for such closed-system
environments, including colleges and universities, corporate
campuses, military bases, and hospitals where the company has
emerged as a leading solution partner at more than 400 campus
dining environments.
"We have seen significant growth in market demand for effective
reusable solutions," said Tom
Wright, CEO and Founder of OZZI. "Over the past 11 years we
have developed an industry-leading approach to offering reusable
packaging systems at scale, and we are incredibly excited to
partner with Novolex and Eco-Products to help accelerate our growth
in the years ahead."
The OZZI solution features an innovative container collection
and tracking system. The company's O2GO containers are equipped
with barcode technology that facilitates tracking and are designed
to integrate with meal plan systems. The OZZI system works
independently and can also be integrated with leading campus meal
plan systems including Atrium and CBORD. Earlier this month, OZZI
announced a partnership with Atrium, a cloud-based campus card
management solution for campus systems that enables OZZI systems to
interface with GrubHub, Dining Sidekick by Aramark, Everyday by
Sodexo, and other similar platforms.
"We view reusable packaging as a critical offering in the range
of sustainable packaging choices available to the market," said
Ian Jacobson, President of
Eco-Products. "An item's recyclability, compostability, or
reusability hinges on the design decisions and infrastructure that
support the product through its full life cycle. We have been
impressed by OZZI's ability to support industry-leading levels of
reuse, and are excited to combine their technology with the Zero
Waste expertise of the Eco-Products sales
organization."
Jacobson will be joining OZZI's board of directors as a part of
the transaction.
While demand continues to grow for reusables in closed-system
environments across the United
States, there are also increasing opportunities for reusable
solutions in Canada and
Europe where restrictions on
single-use plastic foodservice packaging are driving urgency for
reusable solutions. UK based Vegware™, a sister company
of Eco-Products, and Eco-Products divisions in Canada and Europe will have access to the full array of
OZZI products and solutions to help accelerate global demand for
this solution.
More information about OZZI products and solutions is available
at www.planetozzi.com.
About Novolex
Novolex® develops and manufactures diverse packaging
products for multiple industries in the foodservice, delivery and
carryout, food processor and industrial markets that touch nearly
every aspect of daily life. The Novolex family of brands provides
customers with innovative food and delivery packaging and
performance solutions products for their business needs today while
investing in research and development to engineer more sustainable
choices for the future. With more than 10,000 employee families,
Novolex operates 55 manufacturing facilities in North
America and Europe, including two world-class plastic film
recycling centers. To learn more about Novolex,
visit www.novolex.com.
About OZZI
OZZI is changing the world from disposable to reusable one meal at
a time. Founded in 2014, OZZI estimates that it has eliminated 35
million single-use disposables from landfills and oceans. Inventory
is currently in stock. OZZI is a proud to partner with Aramark,
Compass and Sodexo as an approved vendor. To learn more about OZZI,
visit www.planetozzi.com.
About Eco-Products, PBC
Eco-Products®, a Novolex® brand and
certified B Corp, is a leading provider of foodservice packaging
made from renewable and recycled resources. Eco-Products offers
packaging with real environmental benefits, works with customers to
improve composting and recycling, and collaborates with the broader
industry to shift how businesses and consumers think about and
manage waste. With the goal of Zero Waste as part of the company
mission, Eco-Products is using business as a force for good.
Visit www.ecoproducts.com for more information.
Media contact for Novolex
Phil Rozenski
376951@email4pr.com
1-800-845-6051
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SOURCE Eco-Products