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January 31, 2018

ThisCap develops new tethered cap for bottled beverages

US-based manufacturer ThisCap has created a new range of tethered cap for bottled drinks.

US-based manufacturer ThisCap has created a new range of tethered cap for bottled drinks.

Free Whitepaper
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What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

Development of the new bottled cap is expected to support the California Assembly Bill AB-319 – The Tethered Cap Bill, which aims to mandate recycling of all plastic caps along with their bottles by 2020.

The caps are also set to ensure all single-use plastics are recycled and kept out of wildlife habitats and Earth’s delicate ecosystem.

“The reason ThisCap can be implemented at no extra manufacturing cost is that our design utilises the existing manufactured cap with only a slight patented modification.”

ThisCap also noted that more than 6.5 billion plastic caps are opened every day and only 10% of these caps are recycled.

The remaining 5.8 billion is discarded to pollute lands, oceans, seas, lakes and rivers, killing millions of animals every year.

The new tethered cap features a patented solution that does not require additional manufacturing cost and can be implemented by flat cap manufacturers with a one-day setup.

ThisCap inventor and CEO Michael Maguire said: “The reason ThisCap can be implemented at no extra manufacturing cost is that our design utilises the existing manufactured cap with only a slight patented modification.

“No re-tooling of equipment is necessary, just a simple machine part change and any existing cap can become ThisCap .”

ThisCap expects its new tethered bottle cap to be used across Asia, India and Africa this year, and in Europe and the Americas by the first quarter of next year.

Related Companies

Free Whitepaper
img

What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

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