# Karat Packaging and Happiness Moon to build bagasse factory in Taiwan

Karat Packaging formed a joint venture with Happiness Moon to build a 180,000 ft² factory in Taiwan, producing compostable foodservice products from bagasse, with production starting in H2 2022.

- Type: New facility
- Announced: 2022-04-08
- Where: Taiwan, TWN
- Value: $6.00M
- Starts operating: Q3 2022
- Status: announced
- Capacity: 7,560 tonnes per year
- Products: compostable foodservice products, take-out boxes, plates, bowls, tableware
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Green Earth Technology](https://endata.com/companies/62177.md)
- [Karat Packaging](https://endata.com/companies/12969.md) (partner)
- [Happiness Moon](https://endata.com/companies/62176.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/karat-packaging-happiness-moon/), 2022-04-08: "Our investment demonstrates Karat's commitment and leadership position in providing eco-friendly disposable foodservice products."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.