Amcor Investment in PulPac Fiber Technology to Accelerate Global Deployment of Innovative Paper Packaging
Amcor is investing $3 million in PulPac, a Swedish company that specializes in providing disruptive manufacturing technology for low-cost, high-performance, fiber-based packaging. Amcor is one of a number of strategic investors in a cross-industry alliance dedicated to driving the deployment of PulPac's technology worldwide. PulPac's dry-molded fiber technology is being positioned as a viable, sustainable option for the packaging industry -- one that uses raw materials readily found around the globe and a manufacturing process that requires substantially less resources. The alliance with PulPac follows the launch of the AmFiberTM platform earlier this year, through which Amcor aims to redefine the capabilities of traditional paper packaging.
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