Growth funding round to enable explosive growth.
Seeking partners for joint ventures and licensing opportunities to accelerate further growth, also beyond Europe.
Cumulatively, 1 million tons of Paptic® delivered to market. Under 1% market share of the global flexible packaging market.
Including all business models, such as contract manufacturing, joint ventures, and licensees.
Cumulatively, 250 000 tons of Paptic® delivered to market. Second foam facility up and running.
Opening of first production site outside Europe to accelerate global growth.
Starting the first foam-based production facility to take a further leap in sustainability and cost-efficiency.
Fischertechnik replaces the plastic with Paptic® in toy packaging. Familon, a leading Finnish bedding brand, responds to consumer demand for more responsible product packaging by launching a bio-based, easily recyclable package for pillows and quilts. Paptic® is also, used in onion packaging to extend the food’s shelf life.