Leveraging the expertise of 2M Group's leading materials sciences company, Banner Chemicals, Sustainable Packaging Technologies aims to enable brands to meet the increasing consumer demand for bio-based packaging solutions.
"As we launch Sustainable Packaging Technologies, I'm thrilled to lead our team in driving sustainable innovation within the packaging industry," said James Nelson, the new business unit head.
The company's mission is to build a portfolio of biomaterial technologies and solutions that can be integrated into existing packaging manufacturing processes, using 2M Group and Banner Chemical's extensive network, knowledge and resources.
Nelson added: "Our bio-based solutions will offer brands effective alternatives to plastic, delivering environmental responsibility without compromising on performance".
Sustainable Packaging Technologies has been supported by strategic partnerships and investments from both Innovate UK and SSPP Government funding, enabling the business to scale up sustainable technologies that are both environmentally and commercially conscious.
"In today's world, businesses must not only focus on ESG's foundations of environmental, social and governance but also ensure economic sustainability is part of that consideration. Packaging therefore needs to deliver on many fronts," said Gal Maller, commercial director and 2M board member.
As part of its portfolio, 2M Group of Companies has partnered with Xampla to introduce Morro Coating in Europe. This plastic-free material, derived from natural plant polymers, is biodegradable and can be recycled with existing waste streams.
Morro Coating is suitable for food contact and provides strong grease and oxygen barrier properties, making it a potential alternative to plastic. Sustainable Packaging Technologies will handle the production and distribution of Morro Coating across Europe, manufacturing the material at its Milton Keynes facility.
Mottie Kessler, 2M Founder and CEO, commented: "As the world shifts towards sustainable material technologies, 2M will maintain its commitment to sustainability by focusing on areas where it has established a strong reputation".