Toly announces a partnership with Dutch specialty packaging firm Paperfoam®, which sees Toly take the exclusive rights to distribute jointly developed products for the Beauty Industry. This agreement matches Toly’s Global Commercial reach and future sustainability strategy, with Paperfoam’s® injection-molded technology that shapes foamed paper into solid scratch free packaging. Paperfoam® is not only recyclable in paper stream, but also a material that is fully compostable through regular home and industrial methods, and will allow a joint development approach, with launches of a range of groundbreaking and innovative products into the Beauty Industry. Paperfoam® is available in many forms, including, but not limited to make-up palettes, jars and refill systems.
Paperfoam’s CEO, Willem Derkman, “the last years have been focused on segments like consumer electronics and medical applications. With this partnership we are proud to develop further into the Beauty Industry.”
Toly’s CEO, Andy Gatesy said, “this partnership is a very exciting step for Toly to continue its path in leading the beauty industry with innovative and sustainable solutions”