Jan. 24, 2023 - Voith announced that it has acquired shares in Yangi, a Swedish company that offers manufacturing technology for dry formed cellulose-based packaging. Both parties signed the purchase agreement in December 2022.
Yangi's technology emerges from 10 years of R&D within its sister company, The Loop Factory, which focuses on the megatrends of sustainability and circular economy.
Yangi has developed a manufacturing process and is pioneering a new technology to produce 3D-formed, cellulose-based packaging. The process is based on dry forming principles in one machine line and enables a cost- and resource-efficient solution that has the potential to replace rigid plastic at scale.
Compared to the water- and energy-intensive wet pulp molding process, Yangi's dry forming process uses no water and less energy, resulting in minimized CO2 emissions and 75 percent less energy consumption. The applications for packaging solutions are diverse and range from cosmetics and beauty products to fresh food, take-away, and consumer goods.
"Fiber-based packaging is a sustainable alternative to plastic and will continue to gain relevance," said Dr. Michael Weiss, CTO of Voith Paper. "The investment in Yangi is therefore an important strategic step for us to advance our decarbonization strategy as part of our Papermaking for Life sustainability program."
Voith Paper, part of the Voith Group, is the full-line supplier to the paper industry, providing a wide range of technologies, services, components and products, and offers paper manufacturers solutions from a single source.
SOURCE: Voith Group
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