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ECBF Management GmbH Poppelsdorfer Allee 17 53115 Bonn, Germany http://www.ecbf.vc
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ECBF Management GmbH

23 million euros for sustainable packaging materials: ECBF leads Paptic financing round

(PresseBox) (Luxembourg, )
ECBF expands its technology portfolio and invests in Paptic, a growth-stage producer of fiber-based packaging materials to promote sustainability in the packaging industry


Paptic's renewable and recyclable materials can replace plastic-based materials in numerous flexible packaging solutions


Investments contribute to achieving the EU’s recycling and climate targets according to the EU-Green Deal

Together with the European Circular Bioeconomy Fund (ECBF), US-based chemical company Ecolab and Japanese trading house ItochuFibre Ltd, Paptic (www.paptic.com) has closed a Series A financing amounting to 23 million euros to drive the growth of the Finnish company and expand its materials portfolio.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.