by Angela Nazworth | July 20, 2012 12:07 pm
Starbucks (NASDAQ:SBUX) Thursday unveiled its new “EarthSleeve,” a product it says will help save about 100,000 trees.
The coffee giant partnered with LBP Manufacturing and Henkel (PINK:HENOY) to design the new greener hot-cup sleeve that’s designed to reduce the amount of materials needed to create the product.
In addition to decreases in raw material makeup, the EarthSleeve also allows for a “case cube and truckload yield improvement of 15%, reducing the overall environmental impact of the transportation of the sleeves,” Starbucks said in a press release. The product also is fully compostable.
The EarthSleeve is currently being introduced into Starbucks locations across the U.S. and Canada, and is being evaluated for global usage.
Source URL: http://investorplace.com/2012/07/starbucks-rolls-out-new-earthsleeve/
Short URL: http://invstplc.com/1nyuRiO
Copyright ©2016 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.