Nissha, a global tech company within the medical, mobility and sustainable materials markets, has partnered with Blue Ocean Closures, a Swedish sustainability start-up, to invest and co-own the business. Blue Ocean Closures has developed a proprietary vacuum press forming technology to produce fiber-based closures that are recyclable as paper.
The partnership aims to meet growing market demand for sustainable packaging solutions. Blue Ocean Closures’ CEO, Lars Sandberg, said the partnership will advance the development of their business and technology.
Nissha’s Director of the Board, Hisashi Iso, stated that joining forces with Blue Ocean Closures is a significant step towards creating a more sustainable future. The two companies will work together to develop eco-friendly solutions for global markets.
The partnership involves Nissha investing in Blue Ocean Closures and enabling the company to scale up production to meet market demand. The move is part of Nissha’s commitment to developing more environmentally friendly packaging solutions.
