Packaging firm BillerudKorsnäs partners Alpla for sustainable paper bottle

SWEDEN – Swedish packaging materials provider BillerudKorsnäs has joined forces with Alpla, an Austrian plastics manufacturer in a joint venture to develop a sustainable paper bottle. The joint venture will be formed in the Danish paper bottle company Ecoxpac, which is majorly-owned by BillerudKorsnäs. According to the terms of the agreement, both Alpla and BillerudKorsnäs will own equal parts in the JV once the transaction is completed. The partnership will support the efforts to create and commercialize a fully bio-based and recyclable paper bottle as both the firms strive to…

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