Innventure's AeroFlexx Secures Collaboration with Chemipack for Sustainable Packaging Expansion in Europe
Slice of Manufacturing Team
07/07/2024
Key Highlights:
- AeroFlexx secures collaboration with Chemipack, a Poland-based manufacturer of liquid concentrates.
- Innovative packaging aims to replace rigid bottles, reducing virgin plastic use by up to 85%.
- Supports EU policies on reducing packaging waste and banning single-use plastics by 2030.
- Expansion into the EU market follows AeroFlexx's recent growth into Asia.
- Bill Haskell, CEO of Innventure, highlights the sustainable shift in consumer and corporate packaging solutions.
Source (Business Wire)
Quotes
“ "We are proud of the continued success of the companies we’ve created. It is great to see AeroFlexx, a company using technology we sourced from our multinational partner Procter & Gamble, gain traction in Europe. As corporations and consumers shift to more sustainably focused packaging solutions, we see a long runway of growth for AeroFlexx." ”
Bill Haskell, CEO at Innventure
Our Take:
The collaboration between AeroFlexx and Chemipack marks a significant step towards addressing the growing demand for sustainable packaging solutions in Europe. By introducing innovative, flexible packaging that drastically reduces virgin plastic usage and aligns with the EU's stringent packaging waste policies, AeroFlexx positions itself as a leader in the sustainable packaging market. This partnership not only enhances AeroFlexx's market presence in Europe but also exemplifies Innventure's successful strategy of commercializing breakthrough technologies from multinational corporations. With the increasing shift towards sustainability, AeroFlexx's expansion into new markets underscores the potential for substantial growth in the global packaging industry.
