HELSINKI, June 1, 2023-

UPM Biochemicals and Selenis, a subsidiary of the IMG Group that produces speciality polyester resins for a wide range of applications, announced a partnership today that will help the packaging industry reduce its CO2 footprint and redefine the sustainability goals of its customers.

The goal of the strategic partnership is to produce sustainable polyethylene terephthalate glycol (PETG) resin that will accelerate the introduction of renewable, sustainable forest-sourced materials into plastic applications and reduce fossil resource dependency. PETG is a highly transparent, FDA approved material used in a large variety of applications including cosmetics and personal care packaging, heat shrink sleeves, and durable goods, such as bulk dispenser.

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