Dunkin’ Donuts replacing foam cups by 2020

Dunkin’ Brands Group Inc. said Wednesday that it will get rid of polystyrene foam cups globally by 2020. In the U.S., the cups will be replaced by double-walled paper cups, which are already being used in the concept store that opened in January in Quincy, Mass. Next, the cups will be introduced in New York City and California in spring 2018, then rolled out nationwide. Most international locations are using paper cups. The company said it will work with its franchisees to make the change. The announcement complements a previous goal to have 80% of fiber-based consumer-facing packaging certified to the Sustainable Forestry Initiative Standard in the U.S. by the end of the year. Dunkin’ has more than 9,000 restaurants in the U.S. Shares of the company are down 0.5% in Wednesday trading, but up 16.6% for the last year. The S&P 500 index is up 18.3% for the past 12 months.

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