Joint venture to develop, market bio-packaging

Ball Horticultural Co. and Alliance 47 announce a joint venture to develop and commercialize new bio-packaging products for the horticulture industry. Under the long-term agreement, Ball has exclusive worldwide rights to technology that will apply to a wide range of packaging products including pots, tags, sleeves and point-of-purchase materials.

Ball has the ability to license the technology to manufacturers around the world. Three substrates are now available for use in a variety of packaging applications. Two reduce the use of petroleum-based plastic by at least 50% and offer the benefits of recycling or quick degradation. The other material is biodegradable and completely eliminates plastic. These substrates use natural materials including mineral compounds and wheat flour.

-- Dave

Comments

[Mike]

Nice