FPInnovations is proud to announce the adherence of a new Bioproducts member, BillerudKorsnäs, which invests into research and development in advanced packaging.
Who is BillerudKorsnäs?
Headquartered in Sweden, BillerudKorsnäs is a global pulp and paper manufacturer worth CAN$3.2 billion. The company, a world-leading paper and board material, focuses on offering the packaging market sustainable materials and solutions that increase customers’ profitability while at the same time improving the overall environmental impact.
A win-win relationship
This new alliance with BillerudKorsnäs is setting the scene for a two-way exchange of experience, a first at FPInnovations! FPInnovations and BillerudKorsnäs will be working together towards finding innovative solutions in the field of advanced packaging.
Through its membership, BillerudKorsnäs underscores the importance of its innovation-based growth to its overall economic strategy. This partnership will allow both FPInnovations and BillerudKorsnäs to actively working on funding new and sustainable solutions to the sector.
“Innovation is a key component of our strategy. We aim to improve our new product ratio and introduce new materials with increased efforts throughout the organization. By establishing a division entirely focused on solutions, we intend to grow current packaging solutions and business models as well as innovating new ones”, said Petra Einarsson, President and CEO.
Other interesting facts about BillerudKorsnäs
- Founded in 2012
- 4,400 employees
- Petra Einarsson, BillerudKorsnäs’s President and CEO, was named Most powerful woman in business in Sweden in 2013
- 13% of sales accounted are dedicated to new products
- 22% female employees; that’s 1% growth every year!
- Lately, BillerudKorsnäs has invested in a new board machine with an annual capacity of 550,000 tonnes – making it one of the largest of its kind in the world – which will put them in an excellent position to meet the strong demand for sustainable packaging. The machine will have capacity to produce liquid packaging board, carton board, food service board, and white kraft liner at a speed of 1.200m/min.
Visit FPInnovations’ Bioproducts web page to learn more on the opportunities offered by this program.