Liyang Paper Products Co., Ltd.

홈페이지> 블로그> Transcend Packaging Secures Investment From Japanese Moulded Fibre Specialist

Transcend Packaging Secures Investment From Japanese Moulded Fibre Specialist

July 10, 2023

As part of the deal, ITOCHU has invested $10m and will collaborate to drive innovation in sustainable packaging, and unlock new product categories for paper and moulded fibre evolution on a global basis. 

undefined

This investment launches a phase of strategic expansion for Transcend as it looks to extend its reach into new markets from Asia to North America with plans to secure additional investment to support this effort. Both companies have sustainability in mind, aiming to help brands cut single-use plastic from landfill annually. The partnership is also a significant milestone as ITOCHU increases its focus on the eco-friendly, wood-fibre-based material business to accelerate the development of a more sustainable society. 

undefined

ITOCHU’s fibre division, ITOCHU Fibre, has considerable expertise in the trading and distribution of pulp and paper products in Europe and has a strategic investment in Metsa Fibre in Finland. The partnership is expected to enhance Transcend’s capabilities with its existing products and is a key component in the implementation of its previously announced strategy to develop one of the largest moulded fibre production facilities in Europe. As brands look to align their packaging portfolios with emerging legislative and regulatory trends, including the Single-use Plastics Directive, Extended Producer Responsibility and revisions to the EU’s Packaging and Packaging Waste Regulation, there is an industry-wide focus on innovation in sustainable single-use packaging that can be widely recycled. 

undefined

Transcend Packaging, whose client list includes McDonald’s, Starbucks, Ferrero, continues to focus on paper and fibre-based solutions combined with barrier coatings to create recyclable paper and fibre-based alternatives to plastic packaging – with key legislative changes such as Single-use Plastics Directive, Extended Producer Responsibility and revisions to the EU’s Packaging and Packaging Waste Regulation. Transcend has advocated moulded fibre as the natural alternative to plastic in multiple applications and is well positioned to meet both brand preferences and emerging legislative and regulatory requirements. The collaboration between Transcend and ITOCHU could allow the business to become a major innovator in this category. Lorenzo Angelucci, chief executive, Transcend Packaging, said: “Sustainable innovation and an evolving regulatory landscape are continuing to shift priorities in packaging, and we are working with a wide range of leading brands to enhance the sustainability of their packaging portfolios. ITOCHU is one of the largest and most successful companies in the world and an industry leader in the paper and pulp market, so their support will be instrumental in enabling us to continue delivering innovative solutions to our customers. 

undefined

Liyang Paper products co., ltd is a factory and trade company located in Dongguan, China. Specialized in producing gift paper packaging and printing, such as gift box, gift bags, book printing, notebooks, folders, wine box,jewelry box, cosmetic box, watch box, shoe box,etc.Custom made base on your design is welcome, feel free to contact Liyang printing with your full details.

133412_07.jpg

We see moulded fibre as the leading alternative to single-use plastic in a broad range of applications, both to replicate required performance objectives and achieve the potential to be recycled at scale. Our partnership with ITOCHU will allow us to progress from strength to strength as we look to accelerate the pace of sustainable innovation we can provide the market.”

문의하기

Author:

Ms. Lily Yu

Phone/WhatsApp:

+8613925768389

인기 상품
You may also like
Related Categories

이 업체에게 이메일로 보내기

제목:
휴대전화:
이메일:
메시지:

Your message must be betwwen 20-8000 characters

질문 보내기

Lily Yu

Ms. Lily Yu

전화 번호:86-769-81228313

Fax:86-769-85193253

휴대전화:+8613925768389

이메일:admin@lyprinting.com

회사 주소:Shuishang Village, Renzhou Administrative District, Shatian Town, Dongguan City, Guangdong Province, 523999, China., Dongguan, Guangdong

모바일 사이트

홈페이지

Product

Phone

우리에 대해

문의

We will contact you immediately

Fill in more information so that we can get in touch with you faster

Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.

송신