Fiber packaging: Fedrigoni invests in start-up Papkot
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The Italian Fedrigoni Group has acquired a minority stake in the French start-up Papkot.
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As the manufacturer explains, Papkot has developed a large-scale paper coating technology. The process, which is intended to replace plastic as a barrier for paper packaging, involves converting silicon and cellulose into a nanostructured material.
The investment is part of Fedrigoni's Corporate Venture Capital program, which aims to identify start-ups with industrially scalable technologies. Together, Fedrigoni and Papkot aim to accelerate the global adoption of the technology and ensure that major FMCG brands have access to new packaging solutions.
Company profile: EUWID Verpackung, Germany, Gernsbach
Company profile: Fedrigoni S.p.A., Headquarters, Italy, Verona
