Fresh Del Monte Pioneers Industry Shift With Launch Of First-Of-Its-Kind Reusable Plastic Banana Containers In Collaboration With Arena Packaging
Portfolio Pulse from Benzinga Newsdesk
Fresh Del Monte Produce Inc. (NYSE:FDP) has partnered with Arena Packaging to introduce Reusable Plastic Containers (RPCs) for bananas. The RPCs, which have a life cycle of up to 15 years, aim to transform industry standards, reduce food waste, carbon emissions, operational costs, and preserve the fruit's health. The RPCs also improve airflow and extend shelf life for banana shipments. The containers arrived at retail stores in the South Texas region last month.
November 07, 2023 | 4:20 pm
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Fresh Del Monte's partnership with Arena Packaging to introduce reusable plastic containers for bananas could potentially reduce operational costs and environmental impact, which may positively affect the company's stock.
The introduction of reusable plastic containers for bananas could lead to cost savings and a reduction in environmental impact for Fresh Del Monte. This could enhance the company's reputation and profitability, potentially leading to a positive impact on its stock price.
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