Sulapac receives financing from Nordic Green Bank to scale up its biobased and biodegradable plastic alternative; financing will enable Sulapac to speed up business growth in the cosmetic sector and provide new recyclable solutions for various industries | Bioeconomy
Summary
Nefco the Nordic Green Bank has granted loan financing to Sulapac, a Finnish company that has developed an award-winning and patented material innovation that replaces conventional plastics. Thanks to the financing from Nefco, we will be able to speed up our business growth in the cosmetic sector and provide new sustainable and recyclable solutions for various industries to accelerate a plastic waste-free future. For us, it is important that our investors share our vision of a cleaner planet, which is why Nefco, as a supporter of the green transition, is a great partner for us, says Suvi Haimi, CEO and co-founder of Sulapac. Nefco is pleased to contribute and participate in scaling up Sulapacs solution, which tackles the issues of global plastic waste and microplastics pollution with beautiful, functional and sustainable materials. However, we also want to better understand our biodiversity-related risks and dependencies, which is where the pilot project has provided useful tools and insights, comments Mari Saario, Sustainability Director of Sulapac.
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