New unit is the exclusive license holder for Morro – the bio-based material derived from natural plant proteins that is fully biodegradable and home compostable.
Sustainable system comprises a child-resistant tin for initial purchase and a compostable child-resistant pod that fits securely within the tin for subsequent purchases.
Restel, a Finnish restaurant and catering company, kicks off a pilot with reusable cups made of biobased and recyclable Sulapac® material in selected restaurants, including two Burger King outlets.
Launch accompanies Sway’s successful $5 million seed round led by Third Nature Investments and includes investment from The Helm, Alante Capital, BAM Ventures, Superorganism, and other industry-aligned investors.
Innovations in how compostable packaging is made, along with new technology for composting, are among the forces working to increase the use of this type of packaging.
Program aims to accelerate the market adoption of seaweed-based alternatives developed by the winners of the Tom Ford Plastic Innovation Prize: Sway, Zerocircle and Notpla.
R&D funding accelerates the development of the first commercially viable polymeric material predominantly derived from seaweed for flexible packaging that is home compostable.