Nestle to invest up to 2 billion Swiss francs to shift to recycled plastics
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ZURICH (Reuters) - Food giant Nestle said on Thursday it would invest up to 2 billion Swiss francs (1.59 billion pounds) to source more recycled plastics to package its products.Nestle will allocate more than 1.5 billion francs pay for the extra cost of food-grade recycled plastics and will also launch a 250 million franc sustainable packaging venture fund, the maker of KitKat chocolate bars and Maggi soups said in a statement.The company, whose packaging is regularly blamed for polluting..