DEARBORN, Mich., Jan. 5, 2012 /PRNewswire/ -- Ford, through the use of REPREVE®, plans to divert about 2 million post-consumer plastic bottles for use in the new Focus Electric and other new vehicles for the next model year.
The Focus Electric contains REPREVE-based fabrics that are made from about 22 recycled PET (polyethylene terephthalate) bottles in each car. This is the first Ford vehicle to have an interior made from 100 percent clean technology.
"Ford is committed to delivering vehicles with leading fuel efficiency while targeting at least 25 percent clean technology in interior materials across our lineup," says Carol Kordich, lead designer of Sustainable Materials for Ford. "The Focus Electric highlights this commitment as Ford's first gas-free vehicle, and the first in the automotive industry to use branded REPREVE."
"After decades of education, the United States PET bottle recycling rate is only at 29 percent, about half the rate of Europe," said Roger Berrier, president and COO of Unifi Inc. (NYSE: UFI). "We hope this recycling initiative with Ford will help raise visibility around the importance of recycling with a goal to drive recycling rates to 100 percent, diverting millions of plastic bottles from entering the waste stream and potentially back into REPREVE-branded fibers."Ford and Unifi will help collect some of the bottles destined for Ford vehicles by recycling plastic bottles from the North American International Auto Show (NAIAS) taking place in Detroit on Jan. 9-10 and the International Consumer Electronics Show (CES) in Las Vegas on Jan. 10-13. Quality on the inside The REPREVE seat fabric is a polyester fiber made from a hybrid blend of recycled materials, including post-industrial fiber waste and post-consumer waste such as the plastic water bottles made of PET.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV