Mitsubishi HC Capital America, a leading provider of financing solutions, announces a strategic relationship with the Seismic Group, a US-based leader in sustainability, supply chains, logistics, and procurement and PulPac, the technology owner and licensor of packaging comprised of Dry Molded Fiber. The arrangement allows the companies to focus their efforts on reducing plastic pollution by promoting the use of advanced, patented processes to create paper packaging.
More specifically, Mitsubishi HC Capital America and the Seismic Group will provide lease and finance programs that further the adoption of the Dry Molded Fiber technology, developed and owned by Swedish-based PulPac. Mitsubishi HC Capital America allows PulPac customers to secure financing solutions for the equipment needed to manufacture PulPac’s Dry Molded Fiber products. The Seismic Group is also PulPac's North American business development partner and works with packaging manufacturers and brands to develop sustainable and cost-effective fiber products.
The Seismic Group’s consultative, solutions-based approach in tackling sustainability challenges in the manufacturing sector are aided by PulPac’s innovative packaging expertise. Their pioneering technology is designed to produce cost-efficient, high-performance, fiber-based packaging that achieves significantly less water and energy consumption in the manufacturing process, reducing CO2 by up to 80%.
Viktor Borjesson, Chief Operating Officer at PulPac said: "Dry Molded Fiber has the potential to move the needle in packaging, and together with Mitsubishi HC Capital America and the Seismic Group, we can drive innovation and sustainability by accelerating the adoption of dry molded fiber."
PulPac is the home of Dry Molded Fiber – a pioneer in packaging solutions, pushing the boundaries of what’s possible to do with cellulosic fibers.
