Stora Enso and NXP to Develop Intelligent Packaging Solutions
Staff Helsinki, Finland 28 May 2015 -- Stora Enso's packaging businesses are in a phase of rapid development. Stora Enso and NXP have begun co-operation on intelligent packaging solutions. To enhance the development a new Innovation Centre will open in Helsinki later this year. First commercial products are ready in the micro-fibrillated cellulose (MFC) business. Co-operation with NXP Stora Enso and NXP Semiconductors have entered into joint development of intelligent packaging solutions. The development will focus on integrating RFID (Radio frequency identification) into packages for consumer engagement and supply chain purposes. The collaboration will also focus on brand protection and the development of tamper evidence applications. These solutions will benefit both consumers and brand owners. Commercial activity at Stora Enso's MFC pre-commercial production plant at Imatra, Finland started in early 2015. This is the world's largest MFC facility and now provides raw material for selected commercial consumer board solutions enabling lighter weight packaging. The development of MFC solutions continues with a focus on source reduction and even more sustainable fibre based packaging using less raw material, as well as barrier coating solutions for grease and oxygen barriers. In the future, it could additionally provide biodegradable aluminium film replacement. Stora Enso's packaging businesses will open an Innovation Centre at the Group's head office in Helsinki. The cross-functional centre will offer a stimulating space for customers seeking new ideas in packaging. The focus will be on idea generation, design, new business development and incubation. The space is also designed to host product launches and stakeholder events and there will be a prototype and sample laboratory with state-of-the-art equipment. The official opening will take place later this year. About NXP Semiconductors NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable Secure Connections for a Smarter World. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the application areas Connected Car, Security, Portable & Wearable and Internet of Things. NXP has operations in more than 25 countries, and posted revenue of USD 5.65 billion in 2014. Find out more at nxp.com. Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wood and paper on global markets. Our aim is to replace non-renewable materials by innovating and developing new products and services based on wood and other renewable materials. We employ some 27 000 people in more than 35 countries, and our sales in 2014 were EUR 10.2 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) on the International OTCQX over-the-counter market. storaenso.com
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