Nowa Packaging - the biobased packaging solution
Reference number | |
Coordinator | The Loop Factory AB |
Funding from Vinnova | SEK 1 663 000 |
Project duration | March 2019 - March 2021 |
Status | Completed |
Important results from the project
** Denna text är maskinöversatt ** The aim of the project has been to verify and validate the possibilities with a new packaging technology, for cellulose-based packaging, technically and market-wise, thereby further developing the business plan. We have succeeded in achieving our goal - to obtain a basis for commercialization and establish Nowa Packaging, now under the Yangi brand, as a system supplier to manufacturers of bio-based packaging solutions, and we now have a strong starting point for continued commercialization.
Expected long term effects
** Denna text är maskinöversatt ** Strengthened conditions for commercialization, with developed technology and prototype opportunities, established value chain collaborations, demonstrated business opportunities in a number of demonstration projects. Expected effects are increased number of jobs, established businesses in 2023 and thus that a Swedish innovative and sustainable technology has been established in a global market where there is a great demand for sustainable solutions. The technology also enables new business opportunities for the Swedish forest industry.
Approach and implementation
** Denna text är maskinöversatt ** The project has been implemented through 5 parallel workflows, which together create the conditions for a strengthened business offering and commenced commercialization after the end of the project. During the project, technology development has taken place in parallel with business development and close dialogue with potential customers and partners in the packaging value chain. This approach has provided an efficient process with quick feedback.