On June 21, the TekniPlex held a ground-breaking ceremony for its new dedicated molded fiber facility in Van Wert, Ohio.
Expected to be operational early next year, the 200,000-square-foot facility will further expand the company’s capacity and capabilities in molded fiber solutions – a burgeoning, sustainability-minded niche. The plant will produce a variety of products, including high-performance egg cartons. For TekniPlex, the facility – its eighth in the specialty molded fiber sector alone – is the latest news amid a decisive molded fiber market push, one now comprising some $350 million in investments.
“The new facility will combine TekniPlex’s fiber capabilities with technology platforms obtained through our recent strategic acquisitions,” said Eldon Schaffer, CEO of TekniPlex Consumer Products. “Molded fiber is a renewable bio-based material derived from 100% natural, typically recycled paper and cardboard fibers, making it highly attractive to brands seeking to expand their bio-based packaging offerings. TekniPlex Consumer Products’ growth in this area exemplifies our materials diverse mindset, including capabilities to provide fresh foods companies with a broad range of packing and packaging solutions to help stand out in supermarket perimeters.”
The Ohio plant signifies TekniPlex’s intentions to continue expanding its portfolio not only in specialty molded fiber but also sustainability-minded materials – especially those comprising significant amounts of post-consumer recycled (PCR) content, or composed of more recyclable resins like PET.
About TekniPlex Consumer Products
TekniPlex Consumer Products specializes in advanced materials science solutions for companies in the food & beverage and CPG industries with a focus on protecting products, strengthening brands, and innovating sustainably. TekniPlex Consumer Products serves companies around the world in sectors including beauty and personal care, household items, and food and beverage. With an expanding selection of material-diverse solutions – bolstered in recent years, by a series of strategic acquisitions – TekniPlex Consumer Products is leading the way creating next-generation packaging designs that address real-world challenges in the markets it serves. Most notably, the company is focused on developing more sustainable solutions that continue to provide product safety and consumer satisfaction.
