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Ranpak invests in grass paper maker Creapaper

·1 min read
Ranpak invests in grass paper maker Creapaper
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Ranpak Holdings Corp., the maker of eco-friendly packaging technologies, has made an undisclosed investment in a German maker of grass paper. Creapaper GmbH in Hennef, Germany, uses a patented process to produce "graspap," a raw material required for producing grass paper, which helps reduce CO2 emissions and water consumption across the global paper and packaging industry, Ranpak said. The German manufacturer has been rapidly expanding across Europe with grass paper products such as hygienic papers, food and carrying bags, and single-use plastic replacements for retail clients in Germany, Switzerland, Austria, the Netherlands and Italy, Ranpak said.