Profits With A Purpose

How A Tech Pioneer Is Helping Flexible Packaging Manufacturers Shift To Greener Materials

How A Tech Pioneer Is Helping The Flexible Packaging Manufacturing Shift To Greener Materials

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Article summary:

The plastic traditionally used to package fruit and vegetables, meats and baked goods does not decompose; it sticks around for decades and eventually degrades into microplastics only millimeters wide. These tiny pieces become airborne and get blown into soil, storm drains and waterways and are ingested by fish, harming the environment and marine life. But what if polymers could be tweaked so that they decompose in the same way that nature deals with orange peels and other food waste?  TIPA, a World Economic Forum Technology Pioneer, has developed a way to do just that. 

It is partnering with ULMA Packaging to prove the efficiency of running compostable films on advanced packaging machinery. The company, which is owned by ULMA Group, a unit of Spanish conglomerate Mondragon, sells fully automated solutions for packaging lines to companies in 22 countries, including packing machines used in the food, medical supply and industrial sectors.The partnership is just one example of how collaboration between traditional companies and startups and scale-ups can help solve the United Nations Sustainable Development Goals.

About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.