NewAge Industries, Inc. (NAI) and Carolina Components Group, Inc. (CCG) have announced a strategic partnership to develop and market eco-friendly products specifically designed for the single-use biopharma manufacturing sector. The collaboration aims to create innovative solutions that help manufacturers reduce their carbon footprint and meet sustainability targets.
The initial focus of the partnership will be developing a line of Thermoplastic Elastomer (TPE) tubing products. These new materials are intended to assist biopharma manufacturers in achieving greenhouse gas (GHG) reduction objectives, supporting sustainability-linked purchasing decisions, and aligning with emerging regulatory requirements.
Mary Marcus, CEO of NewAge Industries, emphasized the importance of addressing sustainability concerns in the industry. "Sustainability and carbon footprint reduction are constant priorities for our partners in the single-use space," Marcus noted. The company's existing Gold Ecovadis rating underscores its commitment to environmental initiatives.
John Cooling, President and CEO of Carolina Components Group, expressed enthusiasm about the collaboration, highlighting the shared goal of enhancing sustainability in the biopharma manufacturing ecosystem. "We are constantly striving to improve our sustainability initiatives," Cooling stated.
The partnership represents a significant step toward creating more environmentally responsible manufacturing solutions in the biopharma industry. By combining their expertise, NAI and CCG aim to drive innovation that supports a more circular economy and helps manufacturers meet increasingly stringent environmental standards.
