HP Innovates ''Closed Loop'' Inkjet Cartridge Recycling Program, Gives Plastic Water...

Wed Jan 30, 2008 7:45am EST

* Reuters is not responsible for the content in this press release.

HP Innovates ''Closed Loop'' Inkjet Cartridge Recycling Program, Gives Plastic Water Bottles Second Life

PALO ALTO, Calif.--(Business Wire)--In an industry first, HP (NYSE:HPQ) today announced it has
developed an engineering breakthrough that enables the use of
post-consumer recycled plastics in the production of new Original HP
inkjet print cartridges.

   More than 200 million cartridges have been manufactured using the
process thus far. HP used more than 5 million pounds of recycled
plastic in its inkjet cartridges last year, and the company is
committed to using twice as much in 2008.

   The company's innovative recycling process facilitates the
combination of multiple sources and grades of recycled plastics - from
everyday water bottles to highly technical HP inkjet cartridges.

   In addition to closing the design loop, using recycled content
saves energy and keeps plastic out of landfills - since first piloting
the process, HP has used enough recycled plastic to fill more than 200
tractor trailers.(1)

   "By developing the technology to use recycled plastics in Original
HP inkjet print cartridges, we have the opportunity to reduce the
environmental impact HP products have on the planet," said Michael
Hoffmann, senior vice president, Supplies, Imaging and Printing Group,
HP. "HP's considerable investments in building a recycling
infrastructure made this achievement possible, and this is just the
beginning of what we hope to accomplish."

   Innovation without compromise

   In developing this process, HP engineers, chemists and partners
dedicated themselves to finding a way to provide the environmental
benefits of using recycled materials while still delivering the
uncompromising quality and reliability customers count on from HP.

   HP inkjet cartridges returned through HP's Planet Partners program
undergo a multi-phase recycling process that reduces them to raw
materials such as plastics and metals. HP combines plastic from the
inkjet cartridges with recycled bottle resin and a suite of
compounding additives to ensure all recycled materials meet HP's
high-performance standards.

   The amount of recycled content in these HP inkjet cartridges may
vary between 70 to 100 percent of the total plastic used, but the
reliability results for each product are stringently tested and
consistent across the lineup.

   And unlike companies that simply remanufacture cartridges, HP has
found a way to mold these recycled plastic components into new
Original HP inkjet cartridges.

   Honored by the industry

   In recognition of HP's inventive approach to using recycled
content, the Society of Plastics Engineers, a trade organization for
plastics professionals, plans to present HP with its most prestigious
environmental stewardship award at the Global Plastics Environmental
Conference in March.

   "HP's use of recycled plastic in an application as technically
demanding as their inkjet cartridges represents an unprecedented
engineering innovation," said Larry Koester, vice president of
Communications, Environmental Division, Society of Plastics Engineers.
"This remarkable achievement comes after many years of perseverance
and ingenuity by HP and their partners."

   Designing with the environment in mind

   HP's approach to environmental management of its print cartridges
considers every facet of the product lifecycle - from design to
manufacture to recycling. Incorporating recycled plastics in Original
HP inkjet cartridges closes the loop on this lifecycle management.

   Using recycled content is the latest advancement from HP's Design
for Environment program, which reduces the environmental impact of HP
cartridges through material usage, ease of recycling and packaging
efficiency.

   HP's Planet Partners return and recycling program provides free
and convenient cartridge returns in more than 45 countries, regions
and territories. Customers can be confident in HP's environmental
management because cartridges returned through Planet Partners are
never refilled, resold or sent to a landfill.

   More information on this announcement is available in an online
press kit at www.hp.com/go/recycledplastic.

   HP and the environment

   For decades HP has worked to manage its environmental impact by
adopting environmentally responsible practices in product development,
operations and supply chain. The company strives to be a global leader
in reducing its carbon footprint, limiting waste and recycling
responsibly. HP's efforts earned it recognition as one of Fortune
Magazine's "Ten Green Giants" in April 2007. More information about
the company's work in relation to the environment is available at
www.hp.com/environment.

   About HP

   HP focuses on simplifying technology experiences for all of its
customers - from individual consumers to the largest businesses. With
a portfolio that spans printing, personal computing, software,
services and IT infrastructure, HP is among the world's largest IT
companies, with revenue totaling $104.3 billion for the four fiscal
quarters ended Oct. 31, 2007. More information about HP is available
at www.hp.com.

   Note to editors: More news from HP, including links to RSS feeds,
is available at www.hp.com/hpinfo/newsroom/.

   (1) Based on a nominal payload of 44,000 pounds.

   This news release contains forward-looking statements that involve
risks, uncertainties and assumptions. If such risks or uncertainties
materialize or such assumptions prove incorrect, the results of HP and
its consolidated subsidiaries could differ materially from those
expressed or implied by such forward-looking statements and
assumptions. All statements other than statements of historical fact
are statements that could be deemed forward-looking statements,
including but not limited to statements of the plans, strategies and
objectives of management for future operations; any statements
concerning expected development, performance or market share relating
to products and services; anticipated operational and financial
results; any statements of expectation or belief; and any statements
of assumptions underlying any of the foregoing. Risks, uncertainties
and assumptions include the execution and performance of contracts by
HP and its customers, suppliers and partners; the achievement of
expected results; and other risks that are described in HP's filings
with the Securities and Exchange Commission, including but not limited
to HP's Annual Report on Form 10-K for the fiscal year ended Oct. 31,
2007. HP assumes no obligation and does not intend to update these
forward-looking statements.

   (C) 2008 Hewlett-Packard Development Company, L.P. The information
contained herein is subject to change without notice. The only
warranties for HP products and services are set forth in the express
warranty statements accompanying such products and services. Nothing
herein should be construed as constituting an additional warranty. HP
shall not be liable for technical or editorial errors or omissions
contained herein.

HP
Sarah K. Steven, +1 415 203 6382
sarah.k.steven@hp.com
HP Media Hotline, +1 866 266 7272
pr@hp.com
www.hp.com/go/newsroom
or
Porter Novelli for HP
Katie Neal, +1 415 975 2297
katie.neal@porternovelli.com

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