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SIG InnoVentures and Optima agreed to join PulPac as new shareholders. The stake sizes and deal value were not disclosed in the article.
Stora Enso is starting a new production unit in Skene, Västra Götaland, under a license from Gothenburg-based PulPac to make molded-pulp paper lids and biobased food packaging, with commissioning planned for late 2024.
Dart Container has become a PulPac licensee and is installing the first Dry Molded Fiber production line of its kind in North America, the PulPac Scala, supported by sales agent Seismic Solutions. No location or value was given.
Packaging maker LOGOPLASTE has joined the Bottle Collective as technology partner, alongside PA Consulting and PulPac, to accelerate recyclable dry molded fiber bottles. LOGOPLASTE will lead work on bottle barrier lining performance.
PulPac licensed its Dry Moulded Fiber technology to Matrix Pack, a European maker of paper straws and biodegradable lids. Initial use focuses on hot and cold beverage lids in North America and Europe.
PulPac signed a partnership making HZ Green Pulp its first licensee in Malaysia for dry molded fiber technology. HZ Green Pulp, based in Perak, plans a fast market launch of molded pulp products such as lids, food trays and cutlery.
Consumer health companies Sanofi and Haleon joined the Bottle Collective, an initiative led by PA Consulting and PulPac to industrialise dry moulded fibre bottles. They will support a feasibility study and co-development of cellulose-based packaging.
Better All Round, PulPac and PA Consulting announced a strategic alliance to bring formed fibre packaging to the UK as a replacement for single-use plastic. Waste from Better All Round's subsidiary Consuma Paper Products will be used to make the packaging.
Hébert Group became a PulPac licensee and will install the PulPac Modula Dry Molded Fiber production platform at PulPac's facilities in Orgelet, eastern France, this summer.
Swedish company PulPac entered a strategic partnership with gategroup company deSter to develop and manufacture fiber-based, single-use food packaging for airline and foodservice customers, with deSter deploying a multi-million-euro investment in new machinery.
