Nestle's Nespresso Launches Paper-Based Compostable Coffee Capsules

• Nestle ADR (OTC: NSRGY) Nespresso coffee business is planning to introduce a new range of paper-based home compostable capsules.

• The capsule features proprietary technology, including the biopolymer lining inside that protects the coffee against oxidization.

• Nespresso’s coffee masters have also created four new blends, including an organic coffee, sourced through the Nespresso AAA Sustainable Quality Program that is compatible with the paper capsules.

• The product aims at people have access to a compost and will widen the already available sustainable option of aluminum capsules.

• Nespresso offers over 100,000 aluminum capsule recycling collection points in 70 countries, giving almost 90% of customers access.

• The paper capsule product is certified for composting, both home and industrial, by TÜV Austria.

• The new range will pilot initially in France and Switzerland on the Nespresso Original system and will be extended to other European countries within a year.

• "We are excited to announce our first ever paper-based home compostable capsule, which will complement our offering of aluminum capsules that are both recyclable and made using 80% recycled aluminum," said Guillaume Le Cunff, Nespresso CEO.

• Price Action: NSRGY shares closed higher by 0.78% at $116.23 on Friday.

• Photo Via Company

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