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Sustainability
Compostable packaging firm TIPA raises $25 million
by Michael McCoy
September 21, 2019
| A version of this story appeared in
Volume 97, Issue 37
Credit: TIPA
TIPA says its packaging is fully compostable within 180 days.
TIPA, an Israeli developer of compostable flexible packaging, has raised $25 million in a venture capital funding round. The company says its multilayer packaging is made from a blend of polymers that are fully compostable in 180 days. Given that only about 5% of flexible packaging is recycled, compostable versions are environmentally preferable, TIPA says.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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