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Home > News > Packaging

US venture fund lines up materials and packaging sectors in new innovation platform

Source:Source: CPRJ Editorial Team Date :2016-04-06 Editor :(JEN)

US venture fund Plug and Play has launched a new innovation platform, New Materials and Packaging, to facilitate the growth of breakthrough materials and packaging technologies.

Plug and Play brings together the entire industry – from resin suppliers, transformers, CPGs and retailers, such as ExxonMobil, Bemis, WestRock, Henkel and Clorox, to identify breakthrough ideas and accelerate their implementation across the value chain.

"It's been a true eye opener to me in terms of the role that Plug and Play has played in helping connect various value chain partners across specific industries to accelerate innovation. That is critical, especially as you look at the plastics industry, specifically with a focus on packaging," said Hari Reddy, Vice President of Technology and Innovation at Bemis Company.

The focus of this program is centered around the following areas: materials substitutes, improved attributes (stiffness, melt strength, sealability), intelligent packaging and sustainability. The startups will pitch their polished ideas to corporate partners and investors at Plug and Play's New Materials, Retail and FinTech EXPO, which kicks off on May 25.

"The New Materials & Packaging program is laying the foundation for something that’s truly going to change the future of packaging. Our model has really proved itself time and time again in each of our verticals [Brand & Retail, FinTech & Security, IoT, Media & Mobile, Travel & Hospitality and Health & Wellness] and this validation has allowed us to replicate the model in the Packaging and Plastics industry," said Michael Olmstead, VP Corporate Partnerships at Plug and Play.

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Packaging
 KunRun Machinery(Shanghai) Co.,Ltd.      
 Guangdong Yilong Advanced Materials Technology Co Ltd      
 DONGGUAN DEHUA PRECISION MOLD CO., LTD      
 HENAN TENGYUE MACHINERY TECHNOLOGY CO.,LTD.      
 ZHONGSHAN SAMPROMOLD MAKING CO.,LTD      
 NANJING SAGE ADVANCED MATERIALS CO.,LTD      
 GOOD VISION & MOTION(SHENZHEN)CO,. LTD.      
 ANHUI LITUO ENVIRONMENTAL PROTECTION NEW MATERIAL TECHNOLOGY CO.. LTD.      
 OQ Marketing (Shanghai) Co., Ltd.      
 Puyang Comaler Plastic Co., Ltd      
 FCS-Group      
 GREENWICH (CHINA) TECHNOLOGY DEVELOPMENT LIMITED      
 TIANJIN PENGFEI PACKAGING PRODUCTS CO., LTD      
 WUHAN CHANGXIN PLASTIC MACHINERY CO.,LTD.      
 HAITIAN INTERNATIONAL HOLDINGS LIMITED      
 QINGZHOU MACRO SECCO PACKAGING MATERIALS CO., LTD.      
 DSP CHEMICAL CO.,LTD      
 FOSHAN AILE PLASTIC MOULD CO., LTD      
 Shantou Bond Machinery Co., Ltd.      
 TAIZHOU HAIHUI MOULD CO.,LTD.      
 INTERNATIONAL STANDARD MACHINERY (SHANTOU) CO.,LTD      
 WUHAN YINFENG PLASTIC MACHINE CO., LTD.      
 GUANGDONG ENMEI CHEMICAL TECHNOLOGY CO., LTD      
 SOJITZ(SHANGHAI)CO.,LTD.      
 HUBEI TIANQIAO MACHINE CO., LTD      
 GUANGZHOU PULISI TECHNOLOGY CO.,LTD.      
 Wuxi Jiahong Plastics Technology CO.,Ltd      
 TAIZHOU HUANGYAN TAIXIANG PLASTIC MACHINERY CO.,LTD.      
 BRUECKNER MASCHINENBAU GMBH      
 JIANGSU GROUPSMART NEW MATERIAL CO.,LTD      
 FUJIAN YANGZHU NEW MATERIAL SCIENCE & TECHNOLOGY CO., LTD      
 WENZHOU DETAI PLASTICS CO., LTD      

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Source:Source: CPRJ Editorial Team Date :2016-04-06 Editor :(JEN)

US venture fund Plug and Play has launched a new innovation platform, New Materials and Packaging, to facilitate the growth of breakthrough materials and packaging technologies.

Plug and Play brings together the entire industry – from resin suppliers, transformers, CPGs and retailers, such as ExxonMobil, Bemis, WestRock, Henkel and Clorox, to identify breakthrough ideas and accelerate their implementation across the value chain.

"It's been a true eye opener to me in terms of the role that Plug and Play has played in helping connect various value chain partners across specific industries to accelerate innovation. That is critical, especially as you look at the plastics industry, specifically with a focus on packaging," said Hari Reddy, Vice President of Technology and Innovation at Bemis Company.

The focus of this program is centered around the following areas: materials substitutes, improved attributes (stiffness, melt strength, sealability), intelligent packaging and sustainability. The startups will pitch their polished ideas to corporate partners and investors at Plug and Play's New Materials, Retail and FinTech EXPO, which kicks off on May 25.

"The New Materials & Packaging program is laying the foundation for something that’s truly going to change the future of packaging. Our model has really proved itself time and time again in each of our verticals [Brand & Retail, FinTech & Security, IoT, Media & Mobile, Travel & Hospitality and Health & Wellness] and this validation has allowed us to replicate the model in the Packaging and Plastics industry," said Michael Olmstead, VP Corporate Partnerships at Plug and Play.

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US venture fund lines up materials and packaging sectors in new innovation platform

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