Saturday, January 21, 2012

Procter & Gamble (NYSE:PG) Cutting PVC From Packs

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tdp2664 E money daily Procter & Gamble (NYSE:PG) has decided to eliminate all uses of PVC in its packaging. Procter & Gamble (NYSE:PG) Cutting PVC From Packs As a part of the move, the company is now using Octal Petrochemicals’ proprietary DPET (direct PET) sheet to make its Oral-B manual toothbrush packaging. A Procter & Gamble (NYSE:PG) spokesperson said, "Prior to this, Procter & Gamble (NYSE:PG) had used PVC for its toothbrush packaging. The company began to avoid the use of PVC in its packaging in the early ’90s, and PVC currently represents less than 1.5% of Procter & Gamble (NYSE:PG)'s total use of its plastic packaging materials." Procter & Gamble Co. (NYSE:PG) shares were at 66.08 at the end of the last day’s trading. There’s been a 2.0% change in the stock price over the past 3 months. Procter & Gamble Co. (NYSE:PG) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.64 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.66 Zack’s Rank: 1 out of 7 in the industry



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