EPL rises on partnering with GSK Consumer Healthcare for building sustainable future
The world’s largest speciality packaging company, EPL Limited announced on Monday after the market hours that it has entered into a partnership with one of the world’s leading FMCG companies i.e. GSK Consumer Healthcare (GSKCH) for achieving 100 per cent sustainability in the oral care segment.
According to the agreement, the company will provide GSKCH with its APR-approved 100 per cent recyclable & fully sustainable Platina tubes, for the toothpaste range of GSKCH. The Platina tube of the company comes with high-density polyethylene (HDPE) closure, which is the world’s first fully sustainable and completely recyclable tube accredited by APR. This will help GSKCH’s oral health brands including Sensodyne, Parodontax and Aquafresh tubes to be 100 per cent recyclable by 2025.
EPL’s Platina, the eco-friendly laminated tube is produced with less than 5 per cent barrier resin and is designed to deliver source reduction and recyclability without the loss of any barrier properties. This helps for sustained product stability and the durable shelf life of the packed content. These tubes and caps are certified as 100 per cent recyclable by Association of Plastic Recyclers (APR) and RecyClass European certification for ‘Code 2’ (recycling).
At 11.17 am on Tuesday, the shares of EPL Limited were trading at Rs 244.35 per share, up by 0.70 per cent on BSE.
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