Thursday, July 13, 2006

IP, Green Mountain revolutionize coffee cup

Memphis Business Journal

International Paper and partner Green Mountain Coffee Roasters have create an eco-friendly coffee cup made of corn, natural paper and water, the two companies announced Wednesday.

Memphis-based International Paper (NYSE: IP) will manufacture the all-natural paper hot beverage cup, which will be available at Green Mountain (NASDAQ: GMCR) outlets nationwide.

In a traditional paper cup, the inner surface is lined with a petroleum-based plastic to prevent leaking. The cup unveiled Thursday by IP is lined with a bio-plastic made from a renewable resource -- corn. After use, and under the proper conditions, it will break down into water, carbon dioxide and organic matter, the company stated in a release.

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