PulPac raises €31 million from cross-industrial alliance
The private placement is led by Aliaxis and followed by Stora Enso, Amcor Ventures and Teseo Capital, including cornerstone investor WPP and existing owners. The equity raise and strategic partnerships enables investments in rolling out the technology globally with global representation, additional capacity, continued R&D and ensured supply-chain availability.
Impact vision of Dry Molded Fiber by 2025
– Which is roughly 1% of the annual packaging production.
To save up to 5 Million tons CO2 equivalents.
– Which is roughly equal to the annual emission from the Swedish Steel Industry.
To save up to 1 Billion liters of water.
– Which is enough to provide water to up to 135 000 people for a year (WHO).
On a mission to replace single-use plastics globally
By pioneering the technology of fiber molding we enable our customers to replace single-use plastics with fiber-based, plastic free, price competitive sustainable alternatives.
DRY MOLDED FIBER - A SIMPLE AND INGENIOUS TECHNOLOGY
The process is instant, completely dry and offers several design and manufacturing advantages besides high speed and low-cost mass-production.
HIGH PERFORMANCE MOLDED FIBER PRODUCTS IN SECONDS
Conventional pulp converters can increase margins as PulPac’s technology has cost, speed, quality and design advantages that are out of reach for traditional fiber molding methods.
GROW YOUR BUSINESS WITH DRY MOLDED FIBER
The technology is market ready for many applications and available for any client to set up their own Dry Molded Fiber production. We are here to help on the full journey!