This material has been certified by ISCC PLUS as originating from the recycling process of used beverage cartons in Spain and is allocated to the package based on a mass balance attribution method.
This expansion positions Nefab to provide a full range of sustainable packaging solutions tailored to the Lithium-Ion battery (LiB), E-mobility, and automotive sectors.
This innovative solution reduces the carbon footprint of the packaging by 38% and marks a stride in environmental stewardship by eliminating the use of polyvinyl chloride (PVC) in their portfolio.
Verde’s biobased, biodegradable and recyclable PolyEarthylene resins – already being sold to global brands and large plastics converters – could potentially be incorporated into Nxu’s EV charging systems.
The acquisition will enable LYB to produce new high-purity materials that can be used in applications like flexible packaging for personal care products, meeting the demands of customers and brand owners.