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Packaging Innovation: Understanding Emerging Technologies

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Packaging Innovation: Understanding Emerging Technologies Packaging Innovation: Understanding Emerging Technologies Andrew Falcon Elzaphan Hotam Lara Dickinson Brian Durkee Reyna Bryan Full Cycle Bioplastics TIPA OSC2, Numi Organic Tea Elk Packaging Climate Collaborative Produced by About OSC2 WHO? A collaboration of sustainable product founders and CEOs committed to positive impact. MISSION Address the toughest sustainability problems facing our industry and our planet by building new regenerative business models and agricultural systems OSC2 is a nonprofit mutual benefit corporation OSC2 Programs Leadership Working Chapters Groups Education Collaboratives Marketing Working Group Core CEO Natural Packaging Group Products Ops University Working Group Finance Working Rising Star Climate Group Future CEO of Food Group Events Sales Working Group Compostable Packaging Collaborative Mission: To remove Petroleum Based Packaging from landfill, 0ceans, and our planet by securing Non GMO compostable and renewable Flexible Film Structures with appropriate O2/moisture barriers Climate Collaborative Updates • 200 Companies • Packaging is highest commitment area Leveraging the power of the natural products industry to reverse climate change DRIVE INNOVATION – ALTER ECO ADD NUMI TEA PICTURE Flexible Films - Multimaterial Laminates SUSTAINABLE FLEXIBLE FILM WHAT CAN BE DONE TODAY: Heat sealable, dry, shelf-stable RECYCLABLE Strong Barrier & Clear Structures: Stand-up pouches – Granola, Grains, Nuts/Seeds, Salty Snacks Overwrap – Granola Bars, Candy, Tea Sachets, Protein Powder COMPOSTABLE High Barrier Metalized & Clear Structures: Stand-up pouches – Granola, Grains, Nuts/Seeds, Salty Snacks Overwrap – Granola Bars, Candy, Tea Sachets, Protein Powder Preformed – Coffee, Dried Soup TECHNOLOGY TIMELINE More innovation is needed… collaboration is the key. SHARING THE INNOVATION COSTS Retailer Sales Price Margin Distributors margin Manufacturer’s sales price Profit Overhead Direct Costs TOGETHER WE WILL BUILD A BETTER WORLD Thank you for listening. Let’s connect, collaborate and innovate! Reyna Bryan Elk Packaging - Director of Strategy [email protected] www.elkpackaging.com Numi Packaging Milestones • 1999: First product offerings, avoiding the use of unnecessary shrink wrap • 2005: Tea boxes converted to 100% recycled paperboard with 85% minimum PCW content • 2009: Tea bag wrappers converted to 72% PCW, reducing overall weight by 22% • 2012: 1st company to certify filter bags as non-GMO, setting new NGP standard to include teabag & tea • 2013: Founding member of OSC2 Packaging Collaborative • 2018: Launching plant based, non-GMO compostable tea bag wrapper The Last Mile – Teabag Wrapper • Priorities: • Plant Based • Non-GMO • Compostable • Functionality Natural Products Expo West & Engredea 2018 March 2018 3/14/2018 Confidential 21 Our Mission Full Cycle tackles plastic pollution and climate change by transforming organic matter into a compostable alternative to oil-based plastics We mitigate greenhouse gas emissions, reduce plastic pollution and toxicity effects on land and in the ocean, and sustainably move the economy towards Circularity. 3/14/2018 Confidential 22 Organic Waste and Plastics Damage the Environment They are two of the largest contributors to climate change and deteriorating ocean health. 3/14/2018 Confidential 23 Full Cycle’s Solution Tackles Both Problems… We Convert Organic Waste Into Compostable, Marine-Degradable Bioplastic Intracellular PHA Polyhydroxyalkanoate (PHA) Bioplastic PHA is bio-derived, environmentally benign, and a versatile yet cost-competitive alternative for oil-based plastics. 3/14/2018 Confidential 24 …Creating a Meaningful Circular Economy Solution Improved profitability Bio-Benign Upcycling FCBFCB TechnologyTechnology ConvertsConverts Organic WasteWaste to to PHA ResinResin Hauler Picks Up Biopolymer is PHA and Organic Converted to Waste Materials CPG & AG Sectors Finished Product Consumer Chooses,Hauler Picks Up Organic Waste Use Biodegradable Uses and Discards Products Green ProductMaterials Closed Loop BiopolymerSolutions is Sold Consumers Use to Plastic CPG, AG , Food and Discard Converters Paper Sectors Use Compostable Biodegradable Product Brands Leverage Products BrandsGreen Narrative Leverage at Consumer Choice GreenRetail Narrative at Retail 3/14/2018 Confidential 25.
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