Rottneros Packaging AB and Rottneros Bruk AB are participating in a new
project, PULPACKTION, to develop completely bio-based packaging trays.
PULPACKTION is a project funded by the Bio Based Industries Joint
Undertaking within Horizon 2020, the EU program for research and
innovation, and involves 12 partners within the Union. The total scope
of the project is just under SEK 120 million and is financed to 74
percent by the EU. Rottneros, with its vast expertise in the
manufacturing of special pulp and moulded fibre trays will get the
biggest part of the budget, approximately 25 million, and will therefore
also be the coordinator of the project. In addition to project
coordination, Rottneros will lead work streams within the tray moulding
and pulp development. The project will begin 1 October 2016, and runs
for four years.
Rottneros Packaging is already leading in trays made of fibre and has a
great knowledge of the development of these. The packages produced by
Rottneros today are mainly bio-based. With the innovation project
PULPACKTION the objective is to develop a completely bio-based packaging
at a competitive price, and thus contribute to a more sustainable
development in the packaging industry.
The Board of the Rottneros Group has also made a strategic decision to
grow in the area of sustainable packaging. The initiative is a way to
meet the increased demand for fossil-free products and is an important
part of the Group\'s growth ambitions.
For further information, please contact: Lennart Eberleh, President and
CEO, +46 270 622 65
This information is information that Rottneros AB is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact person set
out above, at 8.30 a.m. CET on 1 September 2016.
Rottneros is an independent producer of market pulp. The Group comprises
the parent company Rottneros AB, listed on NASDAQ Stockholm, and its
subsidiaries Rottneros Bruk AB and Vallviks Bruk AB with operations
involving the production and sale of market pulp. The Group also
includes the wood procurement company Rottneros Baltic SIA in Latvia.
The Group has just over 260 employees and had a turnover of
approximately SEK 1.8 billion in the 2015 financial year.
