Elopak becomes a co-partner in the Swedish start-up Blue Ocean Closures. The aim of the cooperation is to develop and globally market fibre-based closures for beverage cartons in order to reduce plastic content and further improve the carbon footprint.
The Norwegian packaging specialist Elopak has acquired a stake in the Swedish start-up Blue Ocean Closures. The young company develops Fibre-based alternatives to plastic closures, especially for beverage cartons. With the acquisition, Elopak becomes a co-partner and at the same time receives exclusive global distribution rights for Blue Ocean Closures' products in the gable top carton sector - including the Pure-Pak and D-PAK systems.
Blue Ocean Closures will continue to work independently with existing brand partners, but will benefit from Elopak's support in product development and market launch.
Innovation strategy: less plastic, more fibres
The partnership fits in with Elopak's long-term strategy of continuously improving the environmental footprint of its packaging solutions under the motto „Repackaging Tomorrow“. Elopak is already a leader in the gable-top carton segment and sees fibre-based closures as a technically promising way to reduce the environmental impact of packaging. Further reduce the proportion of plastic in packaging and increase the use of renewable raw materials.
Thomas Körmendi, CEO of Elopak, emphasises the importance of the cooperation: the fibre-based solutions are „a promising technology“ that supports Elopak's vision of a low-carbon, resource-saving packaging sector.
Also Lars Sandberg, CEO of Blue Ocean Closures, sees the partnership with Elopak as a milestone: the first high-volume applications for fibre-based closures are opening up, particularly in the gable top carton segment. Joining forces with Elopak will strengthen development activities and accelerate the market entry of new solutions.
The combination of start-up innovation and Elopak's global market expertise will set new standards for sustainable packaging solutions in the future.
Joint development of sustainable closures
With this investment, Elopak is expanding its R&D expertise and opening up a new field in the area of sustainable closure technologies. The investment in Blue Ocean Closures strengthens the company's own competitive position and at the same time brings Innovative solutions for a resource-conserving future of the packaging, they say.
Source: Blue Ocean Closures
