Cabka and CHEP have signed a long-term contract for the supply of reusable containers made from recycled plastic on the way to a fully circular economy. The first quantity of containers is scheduled for delivery in mid-2023.
The cooperation builds on the expertise of Cabka in the areas of product development, materials and processing. The container solution is fully customised to the performance requirements of CHEP customised and enables a Maximum use of recycled materials and thus a complete circular approach. Delivery of the first quantities is planned for mid-2023. The contract will generate annual sales of around EUR 9 million over its entire term. CHEP is committed to the goal of reducing waste and aims to develop more closed-loop products and use 30 per cent recycled or reused plastic waste by 2025.
„The contract with CHEP supports Cabka's strategic goal of developing high value-added logistics products that maximise durability and the use of recycled plastic. Following the signing of another contract with US retailer Target earlier this year, this new long-term contract underlines Cabka's leadership in customised solutions.“
Tim Litjens, CEO of Cabka
Source: Cabka
