Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Amsterdam  >  Unilever N.V.    UNAT   NL0000388619

UNILEVER N.V.

(UNAT)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

University of Liverpool: Researchers awarded GBP965k to develop smart sustainable packaging

11/26/2020 | 03:49am EST

Researchers from the University of Liverpool are leading a GBP965k project that aims to make the plastic packaging used in products such as shampoo bottles more sustainable and environmentally friendly.

Funded by UKRI, the project also involves the University of Manchester, Unilever and Bright Green Plastics.

The aim of the project is to provide the necessary technological advancements to take forward the use of post-consumer recycled (PCR) resin, which can be made by recycling High Density Polyethylene (HDPE), one of the most common plastics used in packaging. This will allow PCR to be more widely adopted in the manufacture of plastic products.

HDPE is used in a wide variety of applications, including plastic bottles, milk jugs, shampoo bottles, bleach bottles. This plastic can be collected and mechanically recycled to produce a PCR resin, a plastic that has a lower environmental footprint compared to new, virgin plastic.

Replacing more of the virgin plastic that is used in packaging with PCR, would be a big step forward in reducing the amount of unrecycled plastic in the market, helping to drive a circular economy approach, as well as reducing greenhouse gas emissions.

However, an increase in PCR content in packaging typically reduces packaging performance, which has limited its wider use in packaging by industry.

To get a better insight into this, the project will use data science combined with detailed materials analysis of the plastics to better understand how HDPE changes during the mechanical recycling process to create PCR and use this new knowledge to develop interventions to improve the performance of PCR.

The project will also investigate how this disruption within the supply and demand for PCR will impact the supply chain. This data will then allow interventions to be selected that deliver the greatest economic, social and environmental benefits.

This project is led by Dr Tom McDonald, a senior lecturer in the University's Department of Chemistry. He said: 'This is an exciting project to be leading which we hope will provide the necessary technological advancements that will increase the incorporation of recycled plastic in packaging.'

'The project aims to better understand the chemistry and properties of post-consumer resin (PCR) through finding out more about how HDPE changes during recycling. This knowledge can be used to invent ways of improving the post-consumer recycled plastic so that more can be used to make HDPE bottles. This change will result in less plastic waste, increased sustainability in plastic packaging and less harm to the environment.'

This project features an interdisciplinary team with researchers in Chemistry (Dr Tom Hasell, Dr Frederic Blanc and Dr Andy McLauchlin), Computer Science (Dr Vitaliy Kurlin) and Management (Professor Andrew Lyons and Dr Gopalakrishnan Narayanamurthy). In addition to Professor Mike Shaver, Director of the Sustainable Materials Innovation Hub at the University of Manchester.

Alongside the academic team, the project industrial partners, Unilever and Bright Green Plastics, ensure that the research is guided by industrial needs and that the findings have a direct route to market.

Cameron Jones, Vice President, Research and Development Packaging at Unilever, said: 'Increasing the use of recycled plastic is vital to stimulate collection, reduce the use of virgin plastics, and thus tackle the issue of plastic waste. This grant will help us better understand recycled plastic as a material so we can use it more widely in different types of packaging. Our goal is to ensure the use of recycled plastic increases and becomes an industry norm.'

Sam Hill, Head of Technical and Quality at Bright Green Plastics said: 'Bright Green Plastics are committed to improving the uptake of recycled plastics by striving for excellence throughout our whole recycling process; from sourcing of the waste plastics, sorting and segregation through to formulation and compounding. We are proud to support this project by sharing our experience and knowledge of the UK recycling market and materials.

'We know that by developing a deeper understanding of our raw materials we will be able to serve new customers, producing grades of higher quality than before opening new markets. We believe that interdisciplinary cooperative teams are key to improving the quality of PCR resins as this goal is heavily reliant on the participation of the whole value chain. '

The project is one of ten university-led research projects funded through the NERC Enabling Research in Smart Sustainable Plastic Packaging programme.

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about UNILEVER N.V.
05:02aUNILEVER : trials “nano factory” inside shipping container
AQ
04:54aUNILEVER : How we're supporting plant-based eating this Veganuary… and be..
PU
04:24aRange International Collaborates With Unilever Indonesia on Plastic Recycling..
MT
01/18UNILEVER : Accenture to extend home working in Italy beyond COVID emergency
RE
01/18Indian companies consider buying vaccines for employees
RE
01/18MARKET CHATTER : Boris Johnson To Discuss Regulatory Reforms With 30 Business Le..
MT
01/18UNILEVER : How our engineers fitted a factory into a 40-foot container
PU
01/15UNILEVER : How we're working with WWF to restore valuable forest ecosystems
PU
01/14Multinationals urge OECD to simplify cross-border tax plans
RE
01/14FOOD & BEVERAGE CLASS ACTIONS : What You Need To Know For 2021
AQ
More news
Financials
Sales 2020 50 329 M 61 019 M 61 019 M
Net income 2020 5 823 M 7 060 M 7 060 M
Net Debt 2020 22 338 M 27 082 M 27 082 M
P/E ratio 2020 21,5x
Yield 2020 3,39%
Capitalization 129 B 155 B 156 B
EV / Sales 2020 3,00x
EV / Sales 2021 2,94x
Nbr of Employees 149 867
Free-Float 63,0%
Chart UNILEVER N.V.
Duration : Period :
Unilever N.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends UNILEVER N.V.
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 19
Average target price 4 756,52 GBX
Last Close Price 4 362,00 GBX
Spread / Highest target 26,1%
Spread / Average Target 9,04%
Spread / Lowest Target -33,5%
EPS Revisions
Managers and Directors
NameTitle
Alan Jope Chief Executive Officer & Executive Director
Nils Smedegaard Andersen Chairman
Nitin Paranjpe Chief Operating Officer
Graeme David Pitkethly Chief Financial Officer & Executive Director
Richard Slater Chief Research & Development Officer
Sector and Competitors
1st jan.Capitalization (M$)
UNILEVER N.V.-1.05%155 342
THE PROCTER & GAMBLE COMPANY-3.13%334 201
UNILEVER PLC-0.68%155 342
THE ESTÉE LAUDER COMPANIES INC.-6.41%90 087
HINDUSTAN UNILEVER LIMITED-2.51%74 901
COLGATE-PALMOLIVE COMPANY-4.25%70 185