Rottneros refinances existing sustainability linked long-term facilities
Rottneros has entered into a new loan agreement with Danske Bank and Svensk Exportkredit whereby the existing long-term facilities will be refinanced. The new facilities amount to a total of 550 MSEK divided into term loan facilities of 400 MSEK in total and a revolving credit facility of up to 150 MSEK.As before, the loan agreement includes a sustainability link, which means that the interest rate terms are linked to some of the environmental and work environment criteria in the Group's long-term targets. The link is part of Rottneros' continuous focus on sustainable development.
We are excited to announce that our groundbreaking food packaging solution has been selected for the Cepi Bioeconomy Lab – an exhibition dedicated to showcase bio-based products that represent the future of sustainable, climate-friendly alternatives. The event gathers Europe’s most forward-thinking innovations, driving the transition to a circular bioeconomy.CONTRIBUTING TO A SUSTAINABLE FUTURE WITH PULP-BASED TRAYS
As the demand for convenience and ready-to-eat food increases, so does the need for environmentally responsible packaging. Our wood pulp-based trays, Nature by Rottneros, is
Rottneros AB, one of the world's leading suppliers of first-class market pulp, is now investing in Blue Ocean Closures and becomes a co-owner of the Swedish start-up, developing proprietary fiber-based packaging materials.Since just two years, Blue Ocean Closures AB has developed technology to produce fiber-based closures for consumer packaging at large scale, aiming to replace current plastic solutions on a global market. The innovative technology and material have potential for many more high volume use cases and making an impact in terms of reducing plastic pollution and its climate
Anna Jonhed has been appointed CEO of Rottneros Packaging. She will take office during the first half of 2024 and will be part of the Rottneros group management. The background is that Rottneros Packaging is now entering the next phase as the leading supplier of high-quality fiber-based packaging. This involves an increased focus on developing market position and reaching the right customers with full force, as well as increasing production capacity. So far, the main focus has been on developing the product and production process.Interest and demand are growing strongly for molded fiber
