{"id":116740,"date":"2023-09-08T07:55:28","date_gmt":"2023-09-08T04:55:28","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/paptic-raises-24-6-million-for-sustainable-packaging-expansion\/"},"modified":"2023-09-08T07:55:28","modified_gmt":"2023-09-08T04:55:28","slug":"paptic-raises-24-6-million-for-sustainable-packaging-expansion","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/paptic-raises-24-6-million-for-sustainable-packaging-expansion\/","title":{"rendered":"Paptic Raises $24.6 Million for Sustainable Packaging Expansion"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/116740\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>Paptic has raised $24.6 million in growth financing that will go towards scaling up its manufacturing technology and developing the company\u2019s product portfolio of sustainable packaging materials, allowing for Paptic materials to be available worldwide.<\/p>\n<p>The company, which has more than doubled its revenue annually for four years in a row, has received financing from international equity investors, including the European Circular Bioeconomy Fund and Ecolab. Paptic also received funding from earlier shareholders, such as Itochu Fibre, and was granted $2.67 million from the European Innovation Council\u2019s Accelerator program. The unique manufacturing technology, \u201cfoam forming,\u201d uses foam where water is usually used in paper manufacturing. This allows for product features that are not yet possible with traditional paper and plastic production technologies and creates products from sustainably sourced wood fiber.<\/p>\n<p>According to Paptic, 70% of materials currently produced in the global flexible packaging market are plastics, which are currently known for being difficult to effectively recycle and for contributing immensely to worldwide pollution. Many companies have been looking to reduce their use of plastic packaging, especially as the majority of consumers reportedly want single-used plastics banned outright, according to some reports.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.environmentalleader.com\/2023\/09\/paptic-raises-24-6-million-for-sustainable-packaging-expansion\/\">Environmental Leader<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/environmental-news-en\/6-386\/\">Paptic Raises $24.6 Million for Sustainable Packaging Expansion<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[575,1716,11409,11410],"class_list":["post-116740","post","type-post","status-publish","format-standard","hentry","category-news","tag-environmental-news-en","tag-funding","tag-paptic","tag-sustainable-packaging"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/116740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=116740"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/116740\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=116740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=116740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=116740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}