Paptic Foam product and technology offers a unique thin, flexible and soft sustainable alternative to plastics in flexible packaging. It solves all the bottlenecks that have hampered the market introduction of alternative materials so far, namely scalability of manufacturing, cost-efficiency and compatibility with the standard processes of the packaging industry.
The patented Paptic Foam material offers a unique combination of sustainability credentials of paper (biobased, renewability, recyclability, compostability) with the versatility of plastics, and textile-like soft and flexible hand feel characteristics. The material is recyclable together with paper/board.
The scalability of the patented Paptic Foam production technology is superior compared to most of the other technologies replacing plastics. As Paptic technology can be taken into use on the already existing paper machines the availability of Paptic materials can be guaranteed while the demand increases. The paper industry is struggling with over-capacity and licensing of the Paptic technology and brand offers a quick route to enter the packaging market.
The FlexFoam project focuses on the realization of the first industrial foam production line which will act as a pilot case and model for further paper line conversions. The first commercially viable foam line will be a key enabler for licensing business model options.
A major part of the project addresses establishing partnership and business model between Paptic and the owner company of the asset to be converted as well as building the market and locking interest of first customers. These are activities which bear a lot of unknowns and risks and it is important to pay adequate attention and resources to them.