Danish toymaker Lego has presented its first building bricks made out of recycled drinks bottles — an experimental project that if successful could eventually go into production.
In a statement Wednesday, the group said the prototype uses plastic from discarded bottles from the United States. On average, a one-liter bottle provides enough raw material for ten Lego bricks with two rows of four studs, said the company which is based in Billund, western Denmark.
“We know kids care about the environment and want us to make our products more sustainable,” said Tim Brooks, the Lego group’s vice president of environmental responsibility. “Even though it will be a while before they will be able to play with bricks made from recycled plastic, we want to let kids know we’re working on it.”
The company said its discarded bottle suppliers use processes approved by the US Food & Drug Administration and the European Food Safety Authority.
The bottles are made of PET plastic, or polyethylene terephthalate, which doesn't degrade in quality when recycled.
The prototype followed more than three years of research during which hundreds of variations of PET materials and other plastic formulations were tested, Lego said. It can fit with Lego elements made over the past 60 years.
Lego said its team will continue to carry out tests over at least a year and then assess whether to move to the pilot production phase.
Lego was founded in 1932 by Ole Kirk Kristiansen. The name derived from the two Danish words LEg GOdt, which mean “Play Well.”
Disney shareholders have rallied behind longtime CEO Robert Iger. They voted Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney chief financial officer Jay Rasulo.
Student loan borrowers have the ability to earn retirement funds pegged to their payments – and the company Summer might be bringing it to your workplace.
It might not be what investors want to hear… but bringing down inflation could mean interest rates stay higher for (even) longer. But it's not all downside.
President Joe Biden and Chinese President Xi Jinping have discussed Taiwan, artificial intelligence and security issues in a call meant to demonstrate a return to regular leader-to-leader dialogue between the two powers.
April is Earth month, and while the green revolution might feel far away, the founder of climate VC Siam Capital says it’s on it’s way, and, even better: it won't cost you more.
From snow in April to heatwaves in December, it’s hard to plan a trip in a climate change world. Startup Sensible Weather thinks weather-based travel reimbursements are the solution.
Between corporate debt and the widening gap between ‘the haves and the have nots,’ there are reasons to be cautious about the economy, even with interest rate cuts on their way.