Collaboration agreement with PepsiCo

Parx Plastics is proud to announce that it has signed a Master Service Agreement with PepsiCo to develop a solution that provides a high level of microbiological reduction in high performance plastics. Talks with PepsiCo regarding the use of Parx Plastics technology started in June 2016. Since then, the parties have worked together to initiate tests and sample production. The agreement announced today describes the terms for joint development and cooperation. Further details of the agreement will not be published.

About Parx Plastics
Parx Plastics specializes in the development and production of polymers with antimicrobial properties. The company's technology does not contain synthetic chemicals, biocides, heavy metals or nanoparticles. It can be used with any type of plastic. It is completely biocompatible, non-toxic and does not diffuse out of the material. It also prevents bacteria and microorganisms from piling up on the surface of a product with a power of 99.9% or higher in 24 hours. For more information, visit www.parxplastics.com
Parx Plastics is proud to announce that it has signed a Master Service Agreement with PepsiCo to develop a solution that provides a high level of microbiological reduction in high-performance plastics.

About PepsiCo
PepsiCo products are enjoyed by consumers more than a billion times a day in more than 200 countries and territories worldwide. PepsiCo generated more than $ 64 billion in net revenues in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide selection of fun foods and beverages, including 22 brands that generate more than $ 1 billion each in estimated annual retail sales.

Guiding PepsiCo is its vision to be the global leader in practical foods and beverages by winning with purpose. “Winning with Purpose” reflects the ambition of winning sustainably in the market and integrating purposes into all aspects of the business. For more information, visit www.pepsico.com.

 

 

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