Rottneros AB, one of the world's leading suppliers of first-class market pulp, is now investing inBlue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietaryfiber-based packaging materials.
Since just two years, Blue Ocean Closures AB has developed technology to produce fiber-based closures for consumer packaging at large scale, aiming to replace current plastic solutions on a global market. The innovative technology and material have potential for many more high volume use cases and making an impact in terms of reducing plastic pollution and its climate effects.
- “Blue Ocean Closures is leading the way in a very exciting new field with their vacuum press forming technology. At Rottneros we see this field as complementary to our work in wet moulding and exploring the opportunities within dry processes fits very well with our market strategy” says Lennart Eberleh, CEO, Rottneros AB.
Blue Ocean Closures is working in partnership with industrial leaders and brandowners, who are committed to the development of more enivonmentally friendly solutions.
- “With Rottneros deep knowledge in pulp and packaging, we further strengthen our positionand ability to reach market” says founder and CEO, Lars Sandberg at Blue Ocean Closures. “The company has during its two years of operation been focused on developing high quality, biobased and recyclable as paper screw caps. This investment and the partnership will expand the important development in more market segments. We are thrilled to welcome Rottneros as our new co-owner”, concludes Sandberg.