Gunze to Roll Out Eco-Friendly “GEOPLAS® HCT3” Heat-Shrinkable Film with Recycled Resin

Osaka-Gunze Limited has said that it will start selling an eco-friendly heat-shrinkable film called "GEOPLAS® HCT3" made with recycled resin in January 2023.
The product is a polystyrene/polyethylene terephthalate multi-layered one that uses 30% chemically recycled raw materials with a mass balance approach.
It's widely used as shrink labels for PET bottled beverages, groceries, cosmetics, home & personal care products, and other items. Polystyrene and polyethylene terephthalate have benefits like a great shrink look, the ability to be perforated, resistance to heat, resistance to chemicals, and stiffness.
The new product will debut in Japan before making its way to the American and Southeast Asian markets. This is the first in a line of environmentally friendly, heat-shrinkable films made from recyclable materials that will help cut down on our reliance on crude oil. “GEOPLAS® HCT3” is a brand name in the Japanese market.
Source: Gunze