PulPac is pleased to announce that SIG InnoVentures and Optima, a global technology leader in advanced packaging machine solutions, will join the company as new shareholders. This strategic investment broadens PulPac’s existing group of investors and underscores the confidence both SIG InnoVentures and Optima have in PulPac and its Dry Molded Fiber technology – paving the way for innovative and responsible alternatives to single-use plastic.
“Over the past year, we’ve achieved significant progress with our technology, expanding its range of applications and opening new possibilities that have attracted major players seeking scalable, eco-friendly solutions across additional packaging categories,” said Linus Larsson Green, CEO of PulPac. “Having SIG and Optima come on board as shareholders strengthens our capacity to meet this demand. SIG, with its extensive range of packaging solutions, has the reach to create a significant market shift, while Optima’s expertise in packaging and bespoke machinery for Dry Molded Fiber helps us accelerate the implementation of our technology on a global scale.”
SIG’s Chief Markets Officer, Christoph Wegener, explained how closer involvement with PulPac aligns with SIG’s mission to bring food and beverage products to consumers around the world in a safe, sustainable, and affordable way: “We see great potential in PulPac and Dry Molded Fiber. We believe PulPac and Dry Molded Fiber have an important role to play in meeting the growing demand for ever more responsible solutions.”
Fredric Petit, Packaging Partner at Emerald and SIG’s investment advisor, commented, “PulPac’s Dry Molded Fiber technology stands out as one of the most scalable and impactful innovations in sustainable packaging today. Its ability to deliver high-performance, cost-efficient fiber solutions at industrial scale makes it a natural fit for forward-thinking leaders like SIG. We believe this investment not only advances SIG’s commitment to sustainability but also accelerates the broader industry transition away from single-use plastic.”
Optima’s CEO, Dr. Stefan König, highlighted what led the company to also invest in PulPac: “Our initial collaboration on machinery showed immense promise in advancing Dry Molded Fiber solutions. By becoming shareholders, we’re deepening that partnership and combining our engineering expertise with PulPac’s technology. We look forward to scaling Dry Molded Fiber together and enabling sustainable packaging solutions that can truly reduce single-use plastic across the industry.”
This announcement follows PulPac’s existing partnership with Optima, announced in September 2024, which confirmed a shared commitment to advancing sustainable packaging solutions. By leveraging each partner’s unique capabilities, that initiative aims to accelerate the availability of fiber-based caps and closures at scale – offering brands, consumers, and the planet a cost-effective, high-performance alternative to single-use plastic.
With a joint investment of around EUR 3 million by Tetra Pak and Yellow Dreams, a new recycling plant is set to start operations in Ittervoort (The Netherlands) in the second half of 2025. The facility will handle the non-fibre component (polyAl) from used beverage cartons, boosting the recycling capacity in the European Union (EU).
Strategically located near the Belgian and German borders, the plant has the potential to process the entire volume of polyAl from beverage cartons recycled in Belgium and The Netherlands, and part of the volume from Germany. Featuring an annual capacity of 20,000 tonnes, this second Dutch plant complements the existing 8,000-tonne capacity at Recon Polymers’ facility in Roosendaal, marking a significant increase to the region’s recycling capacity. It also adds to the existing and well-established recycling infrastructure in the EU, where beverage cartons are recycled in 20 specialised paper mills, with polyAl currently processed by ten facilities.
Kinga Sieradzon, Vice President Collection & Recycling, Tetra Pak, comments: “We are pleased to announce this new plant, which significantly enhances the recycling capacities of used beverage cartons in the region. By collaborating with Yellow Dreams, we have the opportunity to exceed the Netherlands’ official recycling targets.1This is another milestone in our collaborative journey with all stakeholders across the value chain, to drive collection, sorting, and recycling. Our ongoing investments, up to €40 million each year globally,2 reflect our commitment to advancing beverage carton recycling and supporting sustainable practices.”
Bas Gehlen, Managing Director at Yellow Dreams, adds: “The joint endeavour of Yellow Dreams and Tetra Pak not only showcases the potential of polyAl recycling but also sets a remarkable example of the value of collaboration towards building a circular system. Through this project, we are continuing to spearhead the transformation of carton recycling, leaving a lasting impact on the environment and inspiring further the adoption of circular economy practices.”
Today, beverage cartons can be and are being recycled into valuable materials for new products wherever the collection, sorting and recycling infrastructure is in place. Therefore, expanding this infrastructure is a priority for Tetra Pak. Recycled paper fibres are used to enhance the quality of various paper products, such as e-commerce boxes and shopping bags. The protective layers of polymers and aluminium, once recycled, can replace virgin plastics or other recycled plastics in applications for injection moulding, extrusion or thermo-forming, and be used to produce a variety of goods, such as pallets, crates, outdoor furniture, flower pots and tiles.
Tetra Pak has collaborated intensively with Recon Polymers since 2019 to further develop polyAl recycling technology. The project evolved into a full-fledged commercial plant in Roosendaal, Netherlands that commenced operations in early 2021 and got an €1 million injection in 2023 in a bid to increase the capacity to 8,000 tonnes per year, therefore advancing material circularity across France, Belgium and the Netherlands. The co-investment with Yellow Dreams – which is based on the same technology, helping to transform polyAl into a range of everyday items including reusable pallets, interiors and large-format 3D printed object – represents the latest step in this journey. Once operational, the new plant will benefit several countries.
1The Netherlands’ official recycling target not only accounts for fibre recycling but also polyAl recycling. This target will evolve from 34 % in 2023 to 55 % by 2030 (source: https://www.verpact.nl/nl/drankenkartons)
2Capital and operating investments.
The two most important international trade fairs for the beverage and liquid food industry will join forces to strengthen their positions in the world market. drinktec from Munich (GER), the world’s leading trade fair for the beverage and liquid food industry, and Nuremberg’s (GER) BrauBeviale, the leading capital goods trade fair for the beverage industry in Europe, have joined forces to form the joint venture “YONTEX” as of 1 July 2023. The company is based in Nuremberg and CEO will be Rolf M. Keller, previously divisional director at NürnbergMesse. Both trade fairs will continue to operate as independent brands, retain their names, and keep their events at the respective locations in Munich and Nuremberg, but under the shared umbrella of YONTEX.
The merger of drinktec and BrauBeviale into one company is the largest merger of two trade fair flagships in Germany to date. Both trade fairs will be able to continue their individual growth unimpeded, widen their national and international reach in terms of customer contacts, and bundle their resources to the benefit of their exhibitors and visitors.
The new company YONTEX will present itself for the first time with the BrauBeviale to be held in Nuremberg from November 28 to 30, 2023. Both events will be held as before at their accustomed venues, both will retain their prestigious brand names and their well-known contact persons. Moreover, they will be held in the same cycles as before: drinktec will be held at the Munich Exhibition Centre every four years, the next event being in 2025, and BrauBeviale will still be held annually at the Nuremberg Exhibition Centre, as before, except for the “drinktec years”. In addition to Munich, drinktec is also held at two additional venues: an annual event in India (drink technology India) and a biennial event in China (CHINA BREW CHINA BEVERAGE).
A 19-person team of experienced trade fair professionals from drinktec and BrauBeviale, as well as some new trade fair professionals, will be the foundation of YONTEX in the future. This new team includes CEO Rolf M. Keller and Executive Vice President Petra Westphal, who had previously been a project manager for drinktec and its international exhibitions, Executive Director BrauBeviale Andrea Kalrait, Executive Director drinktec Cluster Markus Kosak and Executive Director Operations Moritz Müller.
Koa receives recognition for its socially responsible business just five years after the establishment of its innovative cocoa fruit venture. The Swiss-Ghanaian start-up is excited to announce the success- ful B Corp™ Certification with a score of 95.7 points. As Koa is scaling its operations, the team pushes even further in improving and leading with positive change.
Koa has officially become a B Corp™, short for Certified B Corporation, using the power of business to address some of society’s greatest challenges. “Nowadays, measuring the success of a company needs to go beyond pure financial performance. Since our inception, we measure our success on the triple bottom line: people, planet and profit. Being B Corp certified, we join a community of businesses around the world leading the transformation of the global economic system and we hope that many of our peers will follow our example,” Benjamin Kuschnik, Co-Founder and Group Finance Director of the Swiss-Ghanaian start-up, highlights.
A rigorous review of Koa’s impact
By certifying their businesses, recognised B Corps step into a framework for continuous improve- ment. A company must achieve a minimum score of 80 points on the B Impact Assessment to be certified and repeat the verification process every three years. The extensive assessment measures Koa’s ongoing impact on its workers, community and suppliers, customers, governance and the environment to make sure that the company is meeting high international standards of social and environmental performance, accountability, and transparency.
As a B Corp, the start-up joins the growing movement of around 6,000 Certified B Corporations from 158 industries across 86 countries, including companies like Ben & Jerry’s, Innocent Drinks and Valrhona. The B Corp Certification is administered by B Lab™. Lucy Muigai, CEO of the African B Lab certifying Koa says: “This is not only a win for Koa but a win for the B Corp movement. The recognition marks Koa’s continued investment in tackling poverty in the cocoa supply chain and strengthening rural communities through job creation. Koa joining the B Corp community signals a shift towards greater accountability and transparency in the cocoa sector.”
Founded in 2017, Koa is disrupting the cocoa industry through its innovative upcycling of the cocoa fruit. Koa is the first company in West Africa to have unlocked a new value chain around the so far discarded cocoa pulp and worldwide the first cocoa fruit brand to become a B Corp. Working closely with cocoa smallholders, Koa reduces on-farm food waste around the cocoa fruit, generates additional farmer income and creates new jobs in rural communities. At the same time, Koa brings unique new ingredients to the food and beverage industry for applications ranging from chocolate and confectionery to ice cream or drinks.
Addressing opportunities for improvement
“We are proud to receive this certification, especially since we’re the third B Corp which has its major operations in Ghana, and we’ve been only five years in business,” says Francis Appiagyei-Poku, Finance and Administration Director at Koa in Ghana. “While we have proven to meet B Lab’s high standards, it’s still important to us that we strive for continuous improvement.”
As a water-intensive sector, agriculture poses risks such as water stress or depletion of local water sources if water use is not appropriately managed. Koa’s production process in the factory requires substantial amounts of water and energy for logistics, cooling and cleaning. Koa is therefore constantly improving the infrastructure to reduce resource usage such as investing in a rainwater harvesting system.
Besides environmental improvements, Koa is actively training its workforce for an international environment. Koa is committed to having more women and minorities in leadership positions since diversity is at the core of its business and the team aims to set an example beyond the sector it works in.
