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Bockatech EcoCore packaging applications. (Photo credit: Borealis)

Circular packaging solutions

Borealis acquires minority stake in UK-based sustainable packaging innovator Bockatech

Vienna, Austria

  • Deeper partnership drives development of circular packaging solutions based on Borealis polymer and recycling expertise in tandem with Bockatech’s patented EcoCore ® technology platform
  • EcoCore platform to be scaled up to expand range and availability of lighter weight and reusable foam applications for converters and brand owners around the globe
  • EverMinds™ in action: design for eco-efficiency, reuse and design for recycling

Borealis, one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals and fertilizers, announces that it has acquired a minority stake in Bockatech Limited, a UK-based growth-stage green tech business and inventor of the innovative EcoCore ® manufacturing technology platform for sustainable packaging. The investment deepens the existing partnership between the two companies and underscores Borealis’ commitment to plastics circularity. The move entails joint market and material development in the long term as well as the scaling of the EcoCore platform itself. The aim is to enable a greater number of global customers, value chain partners, and supply chain players to benefit from a broader range of lighter weight foam-based applications, primarily in the packaging sector.

While collaboration will continue to focus on reusable coffee cups, additional applications for technology licensing are foreseen, including more sustainable reusable packaging types and lightweight single-use solutions. Applications in non-packaging product ranges are also envisioned, as the EcoCore technology is further advanced and scaled up.

One aim of deeper co-operation is to produce success stories which exemplify the Borealis circular cascade model, in which design for eco-efficiency, reuse, and design for recycling are key elements integrated in a complementary and cascading way to achieve plastics circularity. The EcoCore technology platform aligns with the Borealis circular cascade model on all three levels. “We are proud and pleased to deepen our partnership with Bockatech,” says Lucrèce Foufopoulos, Borealis Executive Vice President Polyolefins, Circular Economy Solutions and Innovation & Technology. “This is proof positive of our EverMinds approach and commitment to collaboration and innovation to bring about plastics circularity. We look forward to enabling an exciting range of lighter weight and easily recyclable solutions that facilitate the transition from single-use to reuse. This is the right path towards more sustainable living.”

“Working together with Borealis, we’ve already been able to develop packaging for several leading foodservice and fast-moving consumer goods brands in North America and Europe. This new investment will help us advance our EcoCore technology even further and increase the number of applications,” says Henri Gaskjenn, Bockatech CEO. “We share with Borealis a long-term vision of sustainability and, like them, aim to be leaders in the new plastics economy. Their material expertise combined with our manufacturing technology is creating more sustainable solutions with better performance for converters, brands, and consumers alike.”

www.borealisgroup.com      www.bockatech.com

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