HomeAbout

TL;DR CNBC


How your shrimp cocktail can reduce the plastic waste tied to global warming - TL;DR CNBC

How your shrimp cocktail can reduce the plastic waste tied to global warming

Publishing timestamp: 2023-10-02 16:52:27


Summary

The rise of e-commerce has led to an increase in packaging waste, particularly single-use plastic and Styrofoam, which contributes to greenhouse gas emissions and climate change. Companies like Cruz Foam are using biodegradable materials, such as shrimp shells, to create more sustainable packaging options. Investors see a big market for these alternatives as more municipalities and companies pledge to reduce their use of polystyrene and single-use plastic. Other companies are also producing packaging from natural materials like seaweed, mushrooms, waste wool, and recycled pulp. Cruz Foam has already partnered with companies like Rivian and Whirlpool and has received funding from various investors.


Sentiment: MIXED

Tickers: WHRRIVNAMZN

Keywords: technologybusiness newsclimatewhirlpool corprivian automotive incpollutionamazon.com incbreaking news: technologyenvironment

Source: https://www.cnbc.com/2023/10/02/cruz-foam-making-packaging-out-of-shrimp-shells.html


Developed by Leo Phan