The investment forms the foundation for collaboration and is part of BillerudKorsnäs commitment to innovation to solve the packaging challenges of the future. This is done in order to find solutions and develop entirely new packaging concepts that can challenge plastic, glass and aluminium. One such concept is to produce a bottle completely made of paper. Through collaboration and by combining the knowledge and experience of BillerudKorsnäs and EcoXpac the aim is to achieve this.
"Innovation is a key factor in further strengthening our business in the long term but also a way for us to challenge conventional packaging for a sustainable future. Therefore it is natural for us to aim high in a number of well-chosen development projects and take on real challenges that can have a big and long term positive impact on our business and our contribution to a more sustainable world. Although the investment in EcoXpac is small in financial terms compared to the size of BillerudKorsnäs, it creates conditions for success for the innovation challenges we now take on," says Magnus Wikström SVP Technology & Strategic Development at BillerudKorsnäs.
EcoXpac is a company specialising in advanced 3D-forming of fibre based structures. It was founded in 2005 and is based in Denmark.
BillerudKorsnäs provides packaging materials and solutions.