Investment underway Arctic Paper has announced that the company is planning to kick off manufacturing activities at a new production unit for molded fiber trays at the paper mill in Kostrzyn, Poland, in the third quarter of 2024.
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Market pulp supplier Rottneros AB has invested in Blue Ocean Closures, becoming a co-owner of the Swedish start-up.
Launched two years, Blue Ocean Closures AB has developed technology to produce fibre-based closures for consumer packaging at large scale, aiming to replace current plastic solutions on a global market.
Rottneros believes Blue Ocean Closures’ innovative technology and material have potential for many more high volume use cases and making an impact in terms of reducing plastic.