BillerudKorsnäs and ALPLA Create Sustainable Paper Bottles
ALPLA and BillerudKorsnäs will form a joint venture in the Danish paper bottle company ecoXpac to create a bio-based paper bottle. When the transaction has been completed, ALPLA and BillerudKorsnäs will own equal parts of ecoXpac. A minority post will be held by the founder family. BillerudKorsnäs is currently the majority owner and has been a shareholder in the company since 2015.
ALPLA and BillerudKorsnäs share the ambition to drive packaging innovation in a sustainable direction. The two companies intend to leverage the development by combining their resources, competencies and strengths to support scaling ecoXpac in the commercialization of a fully bio-based and recyclable paper bottle.