PVOH

Grove Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024
Home Goods, Retail, Specialty, International, PVOH, Partnership, Health, Growth, Alcoholism, The Honest Company, Polyvinyl alcohol, Grove Collaborative, Adjustment, Plastic, Advertising, Webcast, Customer experience, Wellness, Category, Selection, DTC, PVA, Video game

DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.

Key Points: 
  • DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.
  • Plastic Intensity Across the Entire Grove Business - including both Grove Brands and third-party products through online sales and retail partners - was 1.07 pounds of plastic4 per $100 in net revenue in the fourth quarter of 2023, an improvement from 1.11 pounds in the third quarter of 2023 and 1.08 pounds in the fourth quarter of 2022.
  • Plastic Intensity for Grove Brands Only across online and retail sales was 1.07 pounds of plastic per $100 in revenue in the fourth quarter of 2023, an improvement from 1.14 pounds in the third quarter of 2023, but up from 0.98 pounds in the fourth quarter of 2022.
  • Excluding this product category, Grove Brands plastic intensity was 0.57 pounds in the fourth quarter of 2023, an improvement from the third quarter of 2023 of 0.63 pounds but slightly up from 0.56 pounds in the fourth quarter of 2022.

ACI: NYC Bill to Restrict Safe Detergent Chemistry is Unnecessary, Would Disrupt Sustainable Innovation

Retrieved on: 
Thursday, February 8, 2024
Other Retail, Manufacturing, State, Local, Public Policy, Other Policy Issues, Retail, Government, Environment, Advocacy Group Opinion, Home Goods, Chemicals, Plastics, Capsule, Plastic, Heat, Gel, Soap, ONE, Disability, Chemistry, EPA, Growth, PVOH, Recycling, Quality of life, Health, Safety, Organization, ACI, Polyethylene, Multimedia, Food, Polyvinyl alcohol, Tablet, Legislation, In vitro, Water, PVA, American Cleaning Institute, Detergent

(Photo: Businesswire)

Key Points: 
  • (Photo: Businesswire)
    “The innovation of water-soluble films and laundry detergent packets is a sustainability success story.
  • They help consumers safely use, dose and store the products, making chores easier to do for everyone, including those with disabilities.
  • They have grown in popularity because they provide a convenient way to deliver the correct dose of detergent for maximum cleaning efficiency, as well as enable more sustainable innovation.
  • ACI achieves this through a continuous commitment to sound science and being a credible voice for the cleaning products industry.

Grove Collaborative Surpasses 15 Million Pounds of Nature-Bound Single-Use Plastic Collected Through Plastic Neutrality Commitment & Partnerships

Retrieved on: 
Thursday, January 11, 2024
Other Retail, Environmental Issues, Sustainability, Recycling, Environmental Health, Environment, Retail, Green Technology, Packaging, Chemicals, Plastics, Manufacturing, Home Goods, Grove Collaborative, Repurposing, Collection, Glass, Multimedia, Partnership, Plastic, PVOH, Aluminium, Polyvinyl alcohol, Beyond, Education, PVA

Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corporation, today announced that the company’s commitment to plastic neutrality has recovered more than 15 million pounds of single-use plastic from the environment since 2020.

Key Points: 
  • Grove Collaborative Holdings, Inc. (NYSE: GROV) (“Grove” or “the Company”), a leading sustainable consumer products company and Certified B Corporation, today announced that the company’s commitment to plastic neutrality has recovered more than 15 million pounds of single-use plastic from the environment since 2020.
  • Customers can look for three badges on site: 100% Plastic Free, 95%+ Plastic Free, and No Single Use Plastic.
  • We see plastic neutrality as a meaningful way to mitigate Grove’s plastic footprint as we continue to reduce the amount of plastic in our product assortment.
  • For every ounce of plastic shipped to Grove customers, the equivalent amount of environmental plastic pollution is collected in India, Indonesia, and Colombia in partnership with rePurpose Global.

Braskem Announces REMADE Institute Grant Award for Advanced Manufacturing of Sustainable and Recyclable Multilayer Plastic Films

Retrieved on: 
Monday, November 20, 2023
Recycling, Chemicals, Plastics, Environment, Manufacturing, Sustainability, Green Technology, Other Manufacturing, Carbon, RD, Research, NYSE, PVOH, Multimedia, REMADE, Dow Chemical Company, University of Massachusetts Lowell, University, Partnership, RD&D, Biopolymer, DOE, BAK, TPMS, University of Massachusetts, Renewable energy, Braskem

The winning RD&D project is focused on new advanced manufacturing technology to produce sustainable and recyclable multilayer plastic films with outstanding properties for challenging applications.

Key Points: 
  • The winning RD&D project is focused on new advanced manufacturing technology to produce sustainable and recyclable multilayer plastic films with outstanding properties for challenging applications.
  • REMADE is the first institute in the U.S. dedicated to accelerating the nation’s transition to a Circular Economy.
  • The two-year project's deliverables include processing protocols for recyclable films and separation methods via aqueous dissolution.
  • We are excited to work with Braskem and other industry partners to deliver these high-barrier multilayer films with inherent recycling advantages.

Grove Announces Fiscal Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023
Retail, Home Goods, Webcast, DTC, Carbon, EBITDA, P&L, PVA, D, Polyvinyl alcohol, Enchantment, International, Stock, Collection, Kroger, History, Public expenditure, Research, HEB, Root, Advertising, Adjustment, Wellness, Abies balsamea, CVS, App Store (iOS/iPadOS), Grove Collaborative, SKU, Walmart, VIP, Health, PVOH, Video game, Bookkeeping, Online shopping, Risk management, Internet service provider, Meijer, Amazon, Kaph, Wegmans, Target

Grove Brand products, including our owned Grove Co.™, Peach Not Plastic™, and Rooted Beauty® brands, represented 44.8% of net revenue in the third quarter of 2023, down 20 basis points quarter over quarter and 210 basis points year-over-year.

Key Points: 
  • Grove Brand products, including our owned Grove Co.™, Peach Not Plastic™, and Rooted Beauty® brands, represented 44.8% of net revenue in the third quarter of 2023, down 20 basis points quarter over quarter and 210 basis points year-over-year.
  • DTC Net Revenue Per Order was $65.2 in the third quarter of 2023, a record for Grove, up 0.7% quarter-over-quarter and up 7.6% year-over-year.
  • Excluding this product category, Grove Brands plastic intensity is 0.63 in the third quarter of 2023, in line with the second quarter of 2023 and the third quarter of 2022.
  • However, due to our refined fourth quarter advertising strategy, we are slightly reducing our revenue guidance for 2023,” stated Sergio Cervantes, Chief Financial Officer of Grove Collaborative.

American Cleaning Institute Statement: Misinformation Campaign on Valuable Chemistry Used in Detergent Products

Retrieved on: 
Tuesday, November 15, 2022
Supply Chain Management, Environmental Policy, Environmental Issues, Supermarket, Environmental Health, Sustainability, White House, Federal Government, Environment, Retail, Chemicals, Plastics, Public Policy, Government, Home Goods, Manufacturing, PVOH, CO2, Non-governmental organization, EPA, Tablet, American Cleaning Institute, United States Environmental Protection Agency, Chemistry, Environment, Multimedia, Literature, Science, Research, PVA, Organization, Clothing, ACI, Water, Bottled water, Sewage, Dry cleaning, Medical device, Risk management, Mineral oil

They have grown in popularity because they provide a convenient way to deliver the correct dose of detergent for maximum cleaning efficiency, as well as enable more sustainable innovation.

Key Points: 
  • They have grown in popularity because they provide a convenient way to deliver the correct dose of detergent for maximum cleaning efficiency, as well as enable more sustainable innovation.
  • Detergent packets contain highly concentrated cleaning formulas encased in a water-soluble film which is made of PVA/PVOH.
  • The PVOH used in detergent products is accepted by the U.S. EPA Safer Choice program and other strict ecolabeling organizations around the world.
  • Uses inaccurate, self-generated market data that overestimates detergent packet sales by three times based on publicly available data (J. Turk, 2020).

Blueland and Plastic Pollution Coalition Petition the EPA to Require Testing of PVA Plastic in Laundry Detergent Pods and Sheets

Retrieved on: 
Tuesday, November 15, 2022
Plastic, University, MPH, United States Environmental Protection Agency, Plastic Pollution Coalition, Health, Breast milk, PVA, Non-governmental organization, Environmental health, Environment, Shaw Institute, Awareness, PVOH, Organization, Water, Entrepreneurship, Soil, Industry, Biophysical environment, Polyvinyl alcohol, Research, Multimedia, Canadian International Council, Massage, Coalition, Public health, EPA, Safer, Traction, Review, River, Food chain, Bottled water, Thermoplastic, Recycling, Dry cleaning, The Dragons of Blueland

This announcement follows first-of-its-kind research published in the International Journal of Environmental and Public Health, conducted by researchers at Plastic Oceans International and commissioned by Blueland on the plastic film used in plastic PVA laundry and dishwasher pods.

Key Points: 
  • This announcement follows first-of-its-kind research published in the International Journal of Environmental and Public Health, conducted by researchers at Plastic Oceans International and commissioned by Blueland on the plastic film used in plastic PVA laundry and dishwasher pods.
  • In addition to laundry detergent pods and sheets, Polyvinyl alcohol (PVA) is widely used to produce a wide range of consumer goods such as fishing gear and hospital laundry bags.
  • "When we started our research into the laundry category, we were shocked to learn that the film that individually wraps laundry pods is actually plastic.
  • Over 20 billion plastic laundry and dishwasher pods and sheets are estimated to be used every year but this plastic will not disappear.

Global $10.88 Bn Vinyl Acetate Monomer Markets to 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, February 7, 2022
Chemicals, Plastics, Manufacturing, PVOH, Industry, Agriculture, Growth, Urbanization, US, Polyvinyl alcohol, GDP, EVA, VAM, Adhesive, APAC, CAGR, PVA, Construction, Polymer, COVID-19, Petrochemical

The "Vinyl Acetate Monomer Market Forecast to 2028 - COVID-19 Impact and Global Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Vinyl Acetate Monomer Market Forecast to 2028 - COVID-19 Impact and Global Analysis" report has been added to ResearchAndMarkets.com's offering.
  • This is creating the demand for ethylene-vinyl acetate, thereby boosting the growth of the vinyl acetate monomer market.
  • Based on application, the global vinyl acetate monomer market is segmented into polyvinyl acetate (PVA), polyvinyl alcohol (PVOH), ethylene-vinyl acetate (EVA), and others.
  • The polyvinyl acetate segment held the largest share of the global vinyl acetate monomer market in 2020.

World Polyvinyl Alcohol (PVOH) Market Outlook Report 2021-2030: Capacity, production, Consumption, & Trade - ResearchAndMarkets.com

Retrieved on: 
Friday, December 10, 2021
Chemicals, Plastics, Manufacturing, Textiles, Polyvinyl alcohol, Table, COVID-19, PVOH, Chemical

The "Polyvinyl Alcohol (PVOH): 2021 World Market Outlook up to 2030 (with COVID-19 Impact Estimation)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Polyvinyl Alcohol (PVOH): 2021 World Market Outlook up to 2030 (with COVID-19 Impact Estimation)" report has been added to ResearchAndMarkets.com's offering.
  • The report is an essential resource for a one looking for detailed information on the world polyvinyl alcohol market.
  • The report covers data on global, regional and national markets including present and future trends for supply and demand, prices, and downstream industries.
  • Comprehensive data showing polyvinyl alcohol capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country)
    Region market overview covers the following: production of polyvinyl alcohol in a region/country, consumption trends, price data, trade in the recent year and manufacturers
    Polyvinyl alcohol market forecast for next ten years, including market volumes and prices is also provided