Ecolab, Paptic Join Forces for Sustainable Packaging
Ecolab Inc
For over 100 years, Ecolab has delivered solutions and services that protect people and the resources vital to life. As part of this approach, Ecolab promotes the adoption of sustainable, circular strategies across customer and company operations.
To further accelerate its impact in the sustainable packaging space, Ecolab is teaming up with a company that manufactures sustainable packaging materials to help them increase the speed and scale of operations.
Paptic Ltd, a Finland-based manufacturer of fibre-based packaging materials, has recently started working with Ecolab to expand its material portfolio and make Paptic® materials for flexible packaging more widely available around the globe. Ecolab’s direct investment in the company will also support Paptic’s continued growth and focus on their target of carbon neutrality by 2030.
“Ecolab’s focus on sustainable solutions, deep scientific expertise and broad industry relationships makes them an excellent addition to Paptic’s owner base, providing business opportunities for both companies,” says Tuomas Mustonen, Paptic CEO and co-founder.
“We are excited about the opportunity to support circularity through our investment in Paptic and its successful approach to sustainable packaging,” says Luis Pereira, senior vice president and general manager of Ecolab’s Nalco Water Paper division.
“Our shared vision of protecting our planet and its vital resources serve as a foundation for this relationship. Ecolab’s expertise and broad offerings, combined with our global reach, will also help expand Paptic’s opportunities for growth.”
Paptic Ltd was founded in 2015 to address a significant global environmental challenge – the plastic waste accumulating in the environment. The company developed the Paptic® product line, a fibre-based, recyclable material to replace plastics in packaging. With material delivered to over 50 countries worldwide, Paptic aims to increase its global impact through its relationship with Ecolab and other investors.
To learn more about Paptic and its solutions, visit paptic.com.
To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.
Source: Ecolab
