Portfolio company, Closed Loop, supplies rPET for Britvic water bottles

Closed Loop Recycling, a company specialising in food grade plastics recycling in which Foresight is an investor, has secured a deal to supply Britvic with 4,000 tonnes of recycled PET a year to use in the bottles of its Drench spring water brand.

The material will initially used as apart of a trial of 500ml bottles containing 10% rPET in conjunction with Britvic's pre-form supplier Constar and Britvic said using British sourced material would help further improve its carbon footprint.