SEE has announced the acquisition of Foxpak Flexibles Ltd. (Foxpak) under SEE Ventures, its initiative for investing in disruptive technologies and business models to accelerate growth. Foxpak, a privately-owned Irish packaging solutions company, pioneered the development of digital printing on flexible packaging. Foxpak partners with leading brands to deliver highly decorated packaging solutions; stand-up and spout pouches, and sachets that serve a variety of markets including food retail, pet food, seafood, and snacks. Foxpak has leveraged digital printing capabilities to print directly on its flexible packaging materials to empower their customers’ brands. Their solutions can be quickly scaled up or down to meet the production requirements for customers of any size.
BillerudKorsnäs has been awarded the Climate Prize as part of the supplier engagement initiative “Join us in protecting the planet”, driven by Tetra Pak. The company, which is one of BillerudKorsnäs’ most important customers, launched this initiative last year to create a movement aimed to accelerate sustainability actions across its value chain.
“We commit to making safe food available, everywhere. And we promise to do that in a way that protects what’s good: protecting food, people and the planet. In order to shape the future with secure and sustainable food systems we are decarbonizing the materials we use as well as the production processes, and the key ingredient for success here is collaboration. Our supply partner BillerudKorsnäs has achieved the lowest greenhouse gas emissions for the products provided to us and has submitted the most ambitious climate action plan, that is approved by the Science Based Targets initiative in line with a 1.5°C pathway. By doing this, they are one step ahead and this award recognises that they are leading by example in fighting climate change,” says Lars Holmquist, Executive Vice President for Sustainability & Communications at Tetra Pak.
Thanks to a long-standing ambition to phase out all fossil fuels in production processes, BillerudKorsnäs has a production that is more than 97% fossil free. In 2025, we plan for our first mill having the possibility to have a fossil-free production process. In 2030, all integrated mills should reach the same fossil-free status.
“It is with great pleasure to receive this sustainability award. Tetra Pak is a very important customer for us at BillerudKorsnäs and it is very satisfying that they appreciate our solid sustainability work,” says Håkan Pettersson, Vice President Business Area Liquid Packaging Board at BillerudKorsnäs.
“Through the road map we have a clear plan on how BillerudKorsnäs will contribute to limit global warming to 1.5 degrees, and at the same deliver climate smart packaging material for our customers,” says Louise Wohrne, Director of Sustainability and Public Affairs at BillerudKorsnäs.