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Honeycomb paperboard pallet maker Pallite Group secured a £1.6 million export finance facility from KBC Bank, backed by UK Export Finance. The working capital will support growth in overseas markets.
UK government agency FCDO Services awarded a single-supplier contract to The Alternative Pallet Company for recyclable cardboard pallets, crates and packaging elements. The contract is worth £250,000 and runs for 35 months from November 2023.
UK paper board maker PALLITE announced a joint venture with Madison Polymeric Engineering of Connecticut to manufacture and distribute its paper honeycomb storage products, pallets and crates in the US and Mexico.