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Berry Global Group, Inc (BERY) Q2 2021 Earnings Call Transcript


Operator
Good day and thank you for standing by. Welcome to the Berry Global Earnings Call. At this time, all participants are in a listen-only mode. After the speakers presentation there will be a question-and-answer session. [Operator Instructions] Please be advised that today s conference is being recorded. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Mr. Stilwell. Please go ahead.
Dustin Stilwell
Head of Investor Relations
Thank you. Good morning, everyone. Welcome to Berry s Second Fiscal Quarter 2021 Earnings Call. Throughout this call, we will refer to the second fiscal quarter as the March 2021 quarter. ....

United States , Neel Kumar Morgan Stanley , Kyle White , Adam Josephson , Arun Viswanathan , Mark Wilde , Gabe Hajde , Tom Salmon , Lucas Beaumont , Thomas Salmon , Anthony Pettinari , Anthony Pettinari Citi , Maneel Kumar , Joshua Spector , Ghansham Panjabi , Morgan Stanley , Your Health , Kyle White Deutsche Bank Analyst , Deutsche Bank , Adam Josephson Keybanc Capital Markets Inc , Consumer Packaging International , European Union , Mark Wilde Bank , Berry Global Group Inc , Robertw Baird Co , Berry Global Group ,

Berry Global Signs Deal with Borealis for Circular Polyolefins


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Investments in chemical recycling with partners like Borealis are critical to meeting the global commitment of achieving net-zero emissions by 2050, said Berry Global.
Berry Global has entered into an agreement with materials supplier Borealis, giving it access to circular polyolefins made from chemical recycling. This will help Berry achieve its commitment of using 600 million pounds of post-consumer recycled (PCR) content by 2025.
Chemical recycling, also called advanced recycling, makes it possible to use material, which would otherwise be discarded as waste and destined for incineration or landfill, as feedstock for the production of polyolefins. Continually increasing demand for these processes is a critical component in the economics of achieving a circular economy. ....

Borealis Stenungsund , Jean Marc Galvez , Swedish Energy Agency , Berry Consumer Packaging International Division , Berry Global , Fortum Recycling , Consumer Packaging International , ஜீன் மார்க் கால்வேஸ் , பெர்ரி நுகர்வோர் ப்யாகேஜிஂக் சர்வதேச பிரிவு , பெர்ரி உலகளாவிய , அதிர்ஷ்டம் மீள் சுழற்சி , நுகர்வோர் ப்யாகேஜிஂக் சர்வதேச ,

Berry secures chemically recycled material volumes | Plastics in Packaging


April 28, 2021
Berry Global is partnering with Borealis to gain access to the latter’s first volumes of circular polyolefins made from chemical recycling. This adds to Berry’s existing commitment to 600 million pounds (272,000 tonnes) of post-consumer recycled (PCR) content by 2025, and the company’s announcement last month that it would access another 300m/lb (136,000t) of chemical recycled material.
“Investments in chemical recycling with partners like Borealis are critical to Berry and our customers as we collaborate across the value chain to solve the global commitment achieving net-zero emissions by 2050,” said Jean-Marc Galvez, president of Berry’s Consumer Packaging International Division. “Plastics are a critical solution as we advance toward circularity. As the preferred substrate for its lower greenhouse gas emissions, Berry’s design expertise with circular resins is an important factor in the journey to demonstrate the value of giving plastics m ....

Jean Marc Galvez , Berry Consumer Packaging International Division , Berry Global , Consumer Packaging International , Advanced Recycling , Chemical Recycling , ஜீன் மார்க் கால்வேஸ் , பெர்ரி நுகர்வோர் ப்யாகேஜிஂக் சர்வதேச பிரிவு , பெர்ரி உலகளாவிய , நுகர்வோர் ப்யாகேஜிஂக் சர்வதேச , இரசாயன மீள் சுழற்சி , மீள் சுழற்சி ,

Berry Global Announces Agreement With Borealis for the Supply of Circular Polyolefins


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Today, Berry Global Group, Inc. (NYSE:BERY), announced its continued leading investments in access to circular polyolefins from advanced recycling to support customer sustainability goals. These polyolefins are obtained by advanced recycling, enabled by the adoption of new chemical recycling technologies, of post-consumer plastic waste not suitable for traditional recycling. In this agreement, Berry collaborates with a leading supplier of polyolefin solutions, Borealis, for access to its first volumes of the in-demand circular polyolefins made from chemical recycling. This announcement adds to Berry s access to the 600 million pounds of post-consumer recycled (PCR) content by 2025, allowing Berry to further support customers with unmatched access to circular polyolefins. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Jean Marc Galvez , Maria Ciliberti , Abu Dhabi National Oil Company , Berry Global Group Inc , Berry Consumer Packaging International Division , Berry Global Group , Consumer Packaging International , Borealis Vice President , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஜீன் மார்க் கால்வேஸ் , பெர்ரி உலகளாவிய குழு இன்க் , பெர்ரி நுகர்வோர் ப்யாகேஜிஂக் சர்வதேச பிரிவு , பெர்ரி உலகளாவிய குழு , நுகர்வோர் ப்யாகேஜிஂக் சர்வதேச ,