With its acquisition of a significant minority stake in the Slovak company Panara a.s., the global packaging specialist, the ALPLA Group, is stepping up its activities in the research field of alternative, sustainable raw materials for packaging. Panara's core business is the development of fully bio-based and biodegradable plastics.
Nonoilen visited Norway where he actively participated on the Breaking the Barriers in a circular economy forum – part of the Oslo Innovation Week. Great reaction on real bio based – bio degradable plastic material , new contacts and ready to develop bilateral initiatives with Norwegian entities. Participation with support EEA and Norway grants – Fund.
A circular economy is an industrial system that replaces the ‘end-of-life’ concept with restoration, shifts towards the use of renewable energy, eliminates the use of toxic chemicals, which impair reuse, and aims for the elimination of waste through the superior design of materials, products, systems, and, within this, business models.