In June 2018, Sealed Air and Kuraray America, Inc. (Kuraray), a specialty materials company with headquarters in Japan, entered into an agreement to offer Plantic™ materials to package perishable foods such as poultry, beef and seafood in the U.S., Canada and Mexico.
Sustainable Plant-based Food Packaging Solutions
Sealed Air’s planned capital investment of $24 million is underway and production is scheduled to begin in the second quarter of 2020. To support this work, Kuraray is investing approximately $15 million to install plant-based high barrier resin production and supporting capabilities in Houston, Texas.
Kuraray’s resin plant is scheduled to be completed at the end of September 2019 and will begin operating in early 2020.
As upgrades to both facilities progress, Sealed Air, under the agreement with Kuraray, will continue to serve customers in North America by importing materials from Plantic Australia. The investment positions both companies for strategic growth in the Americas as demand for sustainable materials continues to increase.
Commitment to Recyclable or Reusable Packaging
Ted Doheny, Sealed Air President and CEO said, “This collaborative effort with Kuraray expands our ability to deliver innovative, sustainable food packaging solutions that leave our world, environment and communities better than we found them. This investment also helps us reach our commitment to deliver 100% recyclable or reusable packaging offerings, and 50% average recycled content across all packaging solutions by 2025.”
“Kuraray continues to pioneer proprietary technology to develop new fields of business, grow globally and improve the environment,” stated Katsumasa Yamaguchi, General Manager of the Global EVAL Division.
“We are looking forward to this collaborative investment with Sealed Air which allows us to produce and offer a high-performing plant-based packaging option to the food industry on a much larger scale.”
This article was published on omnexus.specialchem.com