Lactips and SmartSolve Announce Global Partnership for Plastic-Free Packaging
French company Lactips and US-based SmartSolve have formed a global strategic partnership to develop and market plastic-free packaging solutions. The collaboration focuses on biodegradable and water-soluble materials.
French bio-polymer innovator Lactips and US-based packaging solutions developer SmartSolve have announced a global strategic partnership aimed at advancing plastic-free packaging. The collaboration seeks to leverage the companies' respective expertise to offer sustainable alternatives.
Lactips specializes in 100 percent biodegradable and water-soluble natural polymers, while SmartSolve is known for its pioneering work in environmentally friendly packaging materials. Together, they intend to provide consumer product manufacturers with viable options to replace traditional plastic packaging.
The partnership will encompass joint product development, manufacturing, and global marketing efforts. The objective is to expand the availability of plastic-free packaging solutions across various industries, responding to a growing market demand for sustainable options.
Initially, the partnership will focus on markets in Europe and North America, with plans for worldwide expansion. Financial terms of the agreement have not been disclosed.