Toly, manufacturing industry giant and world leading supplier of packaging solutions for the beauty industry, has announced a partnership with Dutch specialty packaging firm Paperfoam®, which sees Toly take the exclusive rights to distribute jointly developed products for the beauty industry.
This agreement matches Toly’s Global Commercial reach and future sustainability strategy, the company has said, with Paperfoam’s® injection-molded technology that shapes foamed paper into solid scratch free packaging.
Reacting to the news, Toly’s CEO, Andy Gatesy said, “this partnership is a very exciting step for Toly to continue its path in leading the beauty industry with innovative and sustainable solutions.”
The collaboration, which allows for a joint development approach, will see the launch of a range of groundbreaking and innovative beauty industry products which will be available in many forms, including make-up palettes, jars and refill systems.
Paperfoam’s CEO, Willem Derkman, affirmed that “the last years have been focused on segments like consumer electronics and medical applications. With this partnership we are proud to develop further into the beauty industry.”
‘Global challenges of 2022 persist into 2023 with high levels of inflation’ – BNF Bank CEO
David Power commented following the publication of the bank’s financial statements for 2022, where it recorded €12.2 million in pre-tax ...
iMovo Chief Officer Advisory Hadrian J Sammut talks business challenges, technology & solutions
‘Never overlook the fundamental concept that technology is always the tool, and never the actual solution.’
Svetlana Maslova to join HSBC Bank Malta as Chief Operating Officer
She will replace Elizabeth Hardy, whose three-year secondment in the position will end in June.
‘Receptionists and cleaners might be your best consultants’ – Y Ltd Managing Director Gordon Pace
The Y Ltd Founder and Managing Director highlights how receptionists and cleaners can offer insight into how others are feeling ...
