Innovative Eastman Renew materials reduce reliance on virgin plastic packaging
Today Eastman (NYSE: EMN) announced that it has entered an agreement with Procter & Gamble (NYSE: PG) to further accelerate the transformation of plastic packaging and collaborate on recycling solutions to enable a circular economy. P&G will use Eastman Renew materials in select products and packaging, supporting both companies' goals to reduce the use of virgin plastic from fossil resources. Additionally, the companies will collaborate on advocacy initiatives aimed at reducing reliance on virgin plastic and enabling a circular economy for many products people depend on daily.
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