The two companies signed an agreement that includes the development of Danimer Scientifics’ biodegradable film resins to meet the sustainable flexible packaging requirements of PepsiCo’s global food and beverage business.
The agreement builds on a long-standing relationship that has included the development of bio-based compostable packaging for PepsiCo’s snack brands and will facilitate the expansion of Danimer Scientifics’ Nodax PHA plant.
Danimer Scientific, headquartered in Bainbridge, Georgia (USA), is a recognized world leader in the development of polyhydroxyalkanoates (PHA) and a specialist in the customisation of biopolymer formulations that combine PHA, PLA and other biopolymers through a proprietary reactive extrusion process.
Nodax PHA is a naturally occurring biopolymer produced by microbial bacteria as they ferment organically sourced oils. According to Danimer, produced using renewable biomass, Nodax PHA is both sustainably sourced and proven to be capable of replacing many short-term-use petroleum-based plastics, for both performance and price.
In October 2016, PepsiCo announced its 2025 sustainability agenda, which includes the intent to reduce greenhouse gas emissions across its value chain and design 100% of its packaging to be recoverable or recyclable.
This goal is part of PepsiCo’s decade-long Performance with Purpose Initiative to deliver top-tier financial performance over the long term by integrating sustainability into its business strategy.
“From the start PepsiCo has taken a holistic approach to our sustainability work,” says PepsiCo Vice Chairman and Chief Scientific Officer Dr. Mehmood Khan. “Our first objective is achieving long-term profitability, and that requires sustainable solutions to grow our business while minimizing our environmental impact. Our plan to scale Danimer Scientifics’ technology is a step toward achieving both our greenhouse gas emission reduction and our recoverable and recyclable packaging goals.”
“Danimer Scientifics’ partnership with PepsiCo marks a significant milestone as we continue to expand our biopolymer technology to provide innovative bioplastic solutions to a wider range of applications and products,” says Danimer Scientific’s CEO, Stephen Croskrey.