Nissha, a global technology company within the medical, mobility and sustainable materials markets, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish sustainability start-up.
On a mission to reduce plastic pollution and its climate effects, Blue Ocean Closures AB has developed a proprietary vaccum press forming technology and is producing fiber-based closures, recyclable as paper. The innovative products help global brands to reduce carbon footprint by replacing plastic closures for packaging. Entering into partnership with the Nissha Group, which currently operates 65 companies worldwide, will enable a substantial scale up of volumes to meet market demand.
With this capital and business alliance, Nissha aims to expand our business in the sustainable materials market by adopting Blue Ocean Closures’ proprietary molding technology to produce and sell fiber-based molded products in Asia including Japan, as well as Europe and North America. Additionally, by offering an expanded lineup of molding technologies, Nissha will provide a wide range of solutions related to plastic reduction and recycling, thereby contributing to the reduction of environmental impact.
Image: Blue Ocean Closures
